Old Line Bancshares (OLBK) 10-Q 8 May 15 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2015	Apr. 30, 2015
Document and Entity Information
Entity Registrant Name	OLD LINE BANCSHARES INC
Entity Central Index Key	1253317
Document Type	10-Q
Document Period End Date	31-Mar-15
Amendment Flag	FALSE
Current Fiscal Year End Date	-19
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		10,616,838
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Mar. 31, 2015	Dec. 31, 2014
Assets
Cash and due from banks	$37,061,793	$23,572,613
Interest bearing accounts	1,080,570	1,230,864
Federal funds sold	624,888	601,259
Total cash and cash equivalents	38,767,251	25,404,736
Investment securities available for sale-at fair value	158,380,719	161,680,198
Loans held for sale, fair value of $9,007,588 and $4,753,995	8,692,297	4,548,106
Loans held for investment (net of allowance for loan losses of $4,636,048 and $4,281,835, respectively)	963,706,538	926,573,488
Equity securities at cost	3,353,096	5,811,697
Premises and equipment	33,874,131	34,300,375
Accrued interest receivable	3,172,615	3,218,428
Deferred income taxes	12,506,347	16,106,498
Current income taxes receivable	1,312,872
Bank owned life insurance	31,643,001	31,429,747
Other real estate owned	1,600,015	2,451,920
Goodwill	7,793,665	7,793,665
Core deposit intangible	4,210,679	4,420,796
Other assets	6,087,688	3,779,350
Total assets	1,275,100,914	1,227,519,004
Deposits
Non-interest bearing	269,733,047	260,913,521
Interest bearing	781,718,574	754,825,885
Total deposits	1,051,451,621	1,015,739,406
Short term borrowings	71,236,281	61,002,889
Long term borrowings	5,958,485	5,987,283
Accrued interest payable	284,444	266,023
Accrued pension	5,162,732	5,095,141
Other liabilities	3,420,900	3,901,625
Total liabilities	1,137,514,463	1,091,992,367
Stockholders' equity
Common stock, par value $0.01 per share; 25,000,000 shares authorized; 10,755,017 and 10,810,930 shares issued and outstanding in 2015 and 2014, respectively	107,551	108,110
Additional paid-in capital	104,313,092	105,235,646
Retained earnings	32,281,404	30,067,798
Accumulated other comprehensive income (loss)	630,791	-147,250
Total Old Line Bancshares, Inc. stockholders' equity	137,332,838	135,264,304
Non-controlling interest	253,613	262,333
Total stockholders' equity	137,586,451	135,526,637
Total liabilities and stockholders' equity	$1,275,100,914	$1,227,519,004

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Consolidated Balance Sheets
Loans held for sale, fair value (in dollars)	$9,007,588	$4,753,995
Loans held for investment, allowance for loan losses (in dollars)	$4,636,048	$4,281,835
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, authorized shares	25,000,000	25,000,000
Common stock, shares issued	10,755,017	10,810,930
Common stock, shares outstanding	10,755,017	10,810,930

Consolidated_Statements_of_Inc

Consolidated Statements of Income (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Interest Income
Loans, including fees	$11,621,493	$10,333,973
U.S. treasury securities	2,606	832
U.S. government agency securities	133,358	150,955
Mortgage backed securities	373,010	377,872
Municipal securities	314,984	434,988
Federal funds sold	176	389
Other	61,950	72,861
Total interest income	12,507,577	11,371,870
Interest expense
Deposits	910,957	894,303
Borrowed funds	134,716	118,276
Total interest expense	1,045,673	1,012,579
Net interest income	11,461,904	10,359,291
Provision for loan losses	561,731	269,769
Net interest income after provision for loan losses	10,900,173	10,089,522
Non-interest income
Service charges on deposit accounts	415,202	451,596
Gains on sales or calls of investment securities	60,694
Earnings on bank owned life insurance	248,384	243,607
Gain on the sale of equity securities		96,993
Gain (loss) on disposal of assets	19,975	96,993
Rental Income	210,188	200,537
Gain on the sale of loans	354,650	106,720
Other fees and commissions	522,816	292,672
Total non-interest income	1,831,909	1,392,125
Non-interest expense
Salaries and benefits	4,217,370	4,873,634
Occupancy and equipment	1,399,877	1,586,777
Data processing	352,060	307,160
FDIC insurance and State of Maryland assessments	248,893	218,521
Merger and integration		29,167
Core deposit premium amortization	210,117	228,550
(Gain) loss on sales of other real estate owned	134,754	-203,068
OREO expense	120,201	83,066
Directors Fees	170,000	119,700
Network services	181,663	199,588
Telephone	164,935	167,158
Other operating	1,491,744	1,366,290
Total non-interest expense	8,691,614	8,976,543
Income before income taxes	4,040,468	2,505,104
Income tax expense	1,295,035	690,737
Net income	2,745,433	1,814,367
Less: Net loss attributable to the non-controlling interest	-8,720	-21,390
Net income available to common stockholders	$2,754,153	$1,835,757
Basic earnings per common share (in dollars per share)	$0.25	$0.17
Diluted earnings per common share (in dollars per share)	$0.25	$0.17
Dividend per common share (in dollars per share)	$0.05	$0.04

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Consolidated Statements of Comprehensive Income
Net income	$2,745,433	$1,814,367
Other comprehensive income (loss):
Unrealized gain on securities available for sale, net of taxes of $530,750, $969,750 respectively	814,794	1,488,736
Reclassification adjustment for realized gain on securities available for sale included in net income, net of taxes of $23,941 and $0, respectively	-36,753
Other comprehensive income (loss)	778,041	1,488,736
Comprehensive Income	3,523,474	3,303,103
Comprehensive (loss) attributable to the non-controlling interest	-8,720	-21,390
Comprehensive income available to common stockholders	3,532,194	3,324,493
Tax Effect	($506,809)

Consolidated_Statements_of_Com1

Consolidated Statements of Comprehensive Income (Parenthetical) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Consolidated Statements of Comprehensive Income
Unrealized gain (loss) on securities available for sale, taxes	$530,750	$969,750
Reclassification adjustment for realized gain on securities available for sale included in net income, taxes	$23,941	$0

Consolidated_Statement_of_Chan

Consolidated Statement of Changes in Stockholders' Equity (USD $)	Common stock	Additional paid-in capital	Retained earnings	Accumulated other comprehensive income (loss)	Non-controlling interest	Total
Balance at Dec. 31, 2014	$108,110	$105,235,646	$30,067,798	($147,250)	$262,333	$135,526,637
Balance (in shares) at Dec. 31, 2014	10,810,930					10,810,930
Increase (Decrease) in Stockholders' Equity
Net income attributable to Old Line Bancshares, Inc.			2,754,153			2,754,153
Unrealized gain on securities available for sale, net of income tax benefit of $506,809				778,041		778,041
Net loss attributable to non-controlling interest					-8,720	-8,720
Stock based compensation awards		91,902				91,902
Restricted stock issued	93	-93
Restricted stock issued (in shares)	9,332
Common stock repurchased and retired	-652	-1,014,363				-1,015,015
Common stock repurchased and retired (in shares)	-65,245
Common stock cash dividend $0.05 per share			-540,547			-540,547
Balance at Mar. 31, 2015	$107,551	$104,313,092	$32,281,404	$630,791	$253,613	$137,586,451
Balance (in shares) at Mar. 31, 2015	10,755,017					10,755,017

Consolidated_Statement_of_Chan1

Consolidated Statement of Changes in Stockholders' Equity (Parenthetical) (USD $)	3 Months Ended
	Mar. 31, 2015
Consolidated Statement of Changes in Stockholders' Equity
Unrealized gain on securities available for sale, income tax expense (benefit)	$506,809
Dividend per common share (in dollars per share)	$0.05

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Cash flows from operating activities
Interest received	$12,769,066	$11,959,298
Fees and commissions received	1,338,065	774,977
Interest paid	-1,027,252	-1,035,405
Cash paid to suppliers and employees	-10,016,207	-9,973,914
Loans originated for sale	-24,177,793	-8,373,541
Proceeds from the sale of loans held for sale	20,033,602	8,111,880
Income taxes paid		-59,982
Net cash provided by operating activities	-1,080,519	1,403,313
Cash flows from investing activities
Purchase of investment securities available for sale		-1,502,344
Proceeds from disposal of investment securities
Available for sale at maturity, call or paydowns	4,419,496	3,925,995
Loans made, net of principal collected	-37,330,280	-2,328,978
Proceeds from sale of other real estate owned	659,776	512,878
Redemption of equity securities	2,458,601	1,273,527
Gain on sale of assets	-19,975	-96,993
Purchase of premises and equipment	-145,781	-37,292
Net cash provided by investing activities	-29,918,213	1,940,779
Net increase (decrease) in
Time deposits	15,647,328	-4,549,170
Other deposits	20,064,887	38,342,027
Short term borrowings	10,233,392	-11,336,258
Long term borrowings	-28,798	-21,218
Stock proceeds from private placement	-1,015,015
Cash dividends paid-common stock	-540,547	-431,415
Net cash used in financing activities	44,361,247	22,003,966
Net increase (decrease) in cash and cash equivalents	13,362,515	25,348,058
Cash and cash equivalents at beginning of year	25,404,736	29,058,300
Cash and cash equivalents at end of year	38,767,251	54,406,358
Reconciliation of net income to net cash provided (used) by operating activities
Net income	2,745,433	1,814,367
Adjustments to reconcile net income to net cash provided (used) by operating activities
Depreciation and amortization	572,025	591,501
Provision for loan losses	561,731	269,769
Deferred loan fees net of costs	-9,853	23,218
(Gain)/loss on sale or calls of securities	-60,694
Amortization of premiums and discounts	225,529	262,328
Change in loans held for sale	-4,144,191	-261,661
(Gain)/loss on sale of loans	-354,650	-106,720
(Gain)/loss on sale of other real estate owned	134,754	-203,068
Gain on the sale of equity securities		-96,993
Write down of other real estate owned	57,375
(Gain)/loss on sale of fixed assets	-19,975
Amortization of intangible	210,117	228,550
Deferred income taxes	3,093,341	198,383
Stock based compensation awards	91,902	126,802
Increase (decrease) in:
Accrued interest payable	18,421	-22,826
Income tax payable	-485,435	432,372
Accrued pension	67,591	74,879
Other liabilities	4,710	-203,954
Decrease (increase) in:
Accrued interest receivable	45,813	301,882
Bank owned life insurance	-213,254	-210,367
Income Taxes Receivable	1,312,872
Other assets	-2,308,337	-1,815,149
Net Cash Provided by (Used in) Operating Activities	-1,080,519	1,403,313
Supplemental disclosure of noncash activities:
Loans transferred to other real estate owned		$591,622

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2015
Summary of Significant Accounting Policies
Summary of Significant Accounting Policies	OLD LINE BANCSHARE INC. AND SUBSIDIARIES
	NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
	(Unaudited)
	1.SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Organization and Description of Business - Old Line Bancshares, Inc. (Old Line Bancshares) was incorporated under the laws of the State of Maryland on April 11, 2003 to serve as the holding company of Old Line Bank.  The primary business of Old Line Bancshares is to own all of the capital stock of Old Line Bank.  We provide a full range of banking services to customers located in Anne Arundel, Calvert, Charles, Montgomery, Prince George’s, and St. Mary’s Counties in Maryland and surrounding areas.
	Basis of Presentation and Consolidation -  The accompanying condensed consolidated financial statements include the activity of Old Line Bancshares and its wholly owned subsidiary, Old Line Bank, and its majority owned subsidiary Pointer Ridge Office Investments, LLC (Pointer Ridge), a real estate investment company.  We have eliminated all significant intercompany transactions and balances.
	We report the non-controlling interests in Pointer Ridge separately in the consolidated balance sheet.  We report the income of Pointer Ridge attributable to Old Line Bancshares on the consolidated statement of income.
	The foregoing consolidated financial statements for the periods ended March 31, 2015 and 2014 are unaudited and have been prepared in accordance with U.S. generally accepted accounting principles (US GAAP); however, in the opinion of management we have included all adjustments (comprising only normal recurring accruals) necessary for a fair presentation of the results of the interim period.  We derived the balances as of December 31, 2014 from audited financial statements.  These statements should be read in conjunction with Old Line Bancshares’ financial statements and accompanying notes included in Old Line Bancshares’ Form 10-K for the year ended December 31, 2014.  We have made no significant changes to Old Line Bancshares’ accounting policies as disclosed in the Form 10-K.
	Use of estimates - The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements.  These estimates and assumptions may affect the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from these estimates.  A material estimate that is particularly susceptible to significant change in the near term relates to the determination of the allowance for loan losses.
	Reclassifications - We have made certain reclassifications to the 2014 financial presentation to conform to the 2015 presentation.  These reclassifications did not change net income or stockholders’ equity.
	Recent Accounting Pronouncements - In August 2014, the Financial Accounting Board “”FASB”) issued Accounting Standard Update (“ASU”) No. 2014-14- Receivables – Troubled Debt Restructurings by Creditors (Subtopic 310-40): Classification of Certain Government-Guaranteed Mortgage Loans upon Foreclosure, to address the diversity in practice regarding the classification and measurement of foreclosed loans which were part of a government-sponsored loan guarantee program (e.g. HUD, FHA, VA).  The ASU outlines certain criteria and provides that, if met, the loan (residential or commercial) should be derecognized and a separate other receivable should be recorded upon foreclosure at the amount of the loan balance (principal and interest) expected to be recovered from the guarantor.  This ASU will be effective for annual reporting periods beginning after December 15, 2014, including interim periods within that reporting period.  The adoption of ASU No. 2014-14 did not have a material impact on our consolidated financial statements and the required disclosures have been included in Note 5.

POINTER_RIDGE_OFFICE_INVESTMEN

POINTER RIDGE OFFICE INVESTMENT, LLC	3 Months Ended
	Mar. 31, 2015
Pointer Ridge Office Investment, LLC
Pointer Ridge Office Investment, LLC	2.POINTER RIDGE OFFICE INVESTMENT, LLC
	Old Line Bank has a 62.5% ownership of Pointer Ridge Office Investment, LLC and we have consolidated its results of operations from the date of acquisition.  One of the Bank’s directors owns a 12.5% interest in this investment.
	The following table summarizes the condensed Balance Sheets and Statements of Income information for Pointer Ridge Office Investment, LLC.
		March 31,		December 31,
	Balance Sheets	2015		2014
	Current assets	$	250,190	$	269,314
	Non-current assets		6,384,597		6,433,380
	Liabilities		5,958,485		6,003,139
	Equity		676,303		699,555
		Three Months Ended
		March 31,
	Statements of Income	2015		2014
	Revenue	$	243,277	$	238,991
	Expenses		266,530		296,030
	Net loss	$	-23,253	$	-57,039

INVESTMENT_SECURITIES

INVESTMENT SECURITIES	3 Months Ended
	Mar. 31, 2015
Investment Securities
Investment Securities	3.INVESTMENT SECURITIES
	Presented below is a summary of the amortized cost and estimated fair value of securities.
				Gross		Gross
		Amortized		unrealized		unrealized		Estimated
		cost		gains		losses		fair value
	March 31, 2015
	Available for sale
	U.S. treasury	$	3,000,515	$	2,185	$	—	$	3,002,700
	U.S. government agency		38,545,387		20,466		-247,327		38,318,526
	Municipal securities		41,325,292		1,073,996		-28,184		42,371,104
	Mortgage backed securities:
	FHLMC certificates		19,587,745		245,605		—		19,833,350
	FNMA certificates		17,359,782		121,158		-35,619		17,445,321
	GNMA certificates		31,733,254		150,056		-161,174		31,722,136
	SBA loan pools		5,787,060		—		-99,478		5,687,582
		$	157,339,035	$	1,613,466	$	-571,782	$	158,380,719
	December 31, 2014
	Available for sale
	U.S. treasury	$	3,000,690	$	5,460	$	—	$	3,006,150
	U.S. government agency		38,594,843		15,851		-954,362		37,656,332
	Municipal securities		42,662,399		980,452		-96,690		43,546,161
	Mortgage backed securities
	FHLMC certificates		20,323,394		150,735		-3,182		20,470,947
	FNMA certificates		17,898,497		61,472		-93,163		17,866,806
	GNMA certificates		33,266,203		145,451		-272,309		33,139,345
	SBA loan pools		6,177,339		—		-182,882		5,994,457
		$	161,923,365	$	1,359,421	$	-1,602,588	$	161,680,198
	As of March 31, 2015 and December 31, 2014, securities with unrealized losses segregated by length of impairment were as follows:
		March 31, 2015
		Less than 12 months				12 Months or More				Total
		Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
		value		losses		value		losses		value		losses
	U.S. Treasury	$	—	$	—	$	—	$	—	$	—	$	—
	U.S. government agency		—		—		33,201,911		247,327		33,201,911		247,327
	Municipal securities		1,590,453		5,739		2,030,963		22,445		3,621,416		28,184
	Mortgage backed securities		3,448,609		9,447		22,485,723		187,346		25,934,332		196,793
	SBA loan pools		—		—		5,687,582		99,478		5,687,582		99,478
	Total unrealized losses	$	5,039,062	$	15,186	$	63,406,179	$	556,596	$	68,445,241	$	571,782
		December 31, 2014
		Less than 12 months				12 Months or More				Total
		Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
		value		losses		value		losses		value		losses
	U.S. government agency	$	1,492,650	$	6,543	$	32,497,194	$	947,819	$	33,989,844	$	954,362
	Municipal securities		2,054,635		19,397		4,617,972		77,293		6,672,607		96,690
	Mortgage backed securities		8,967,337		11,382		29,009,316		357,272		37,976,653		368,654
	SBA loan pools		—		—		5,994,457		182,882		5,994,457		182,882
	Total unrealized losses	$	12,514,622	$	37,322	$	72,118,939	$	1,565,266	$	84,633,561	$	1,602,588
	At March 31, 2015 and December 31, 2014, we had 46 and 57 investment securities, respectively, in an unrealized loss position greater than the 12 month time frame and 8 and 12 securities, respectively, in an unrealized loss position less than the 12 month time frame.  We consider all unrealized losses on securities as of March 31, 2015 to be temporary losses because we will redeem each security at face value at or prior to maturity.  We have the ability and intent to hold these securities until recovery or maturity.  As of March 31, 2015, we do not have the intent to sell any of the securities classified as available for sale and believe that it is more likely than not that we will not have to sell any such securities before a recovery of cost.  In most cases, market interest rate fluctuations cause a temporary impairment in value.  We expect the fair value to recover as the investments approach their maturity date or re-pricing date or if market yields for these investments decline.  We do not believe that credit quality caused the impairment in any of these securities.  Because we believe these impairments are temporary, we have not realized any loss in our consolidated statement of income.
	There were no sales of investment securities for the three months ending March 31, 2015 and 2014.  There were two municipal bonds that were called during the three month period ended March 31, 2015 of which the remaining discount/accretion of $60,694 was recorded as gain on sale of investments.  During the three month period ended March 31, 2015, we received $4.4 million in proceeds from sales, maturities or calls and principal pay-downs on investment securities compared to $3.9 million for the same three month period last year.
	Contractual maturities and pledged securities at March 31, 2015 are shown below.  Actual maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without prepayment penalties.  We classify mortgage backed securities (MBS) based on maturity date.  However, we receive payments on a monthly basis.
		Available for Sale
		Amortized		Fair
	March 31, 2015	cost		value
	Maturing
	Within one year	$	10,511,089	$	10,610,726
	Over one to five years		83,303,546		83,998,901
	Over five to ten years		53,947,794		54,226,573
	Over ten years		9,576,606		9,544,519
		$	157,339,035	$	158,380,719
	Pledged securities	$	40,498,598	$	40,502,865

LOANS

LOANS	3 Months Ended
	Mar. 31, 2015
Loans and Allowance for Loan Losses
Loans and Allowance for Loan Losses	4.LOANS
	Major classifications of loans held for investment are as follows:
			March 31, 2015						December 31, 2014
			Legacy (1)		Acquired		Total		Legacy (1)		Acquired			Total
	Commercial Real Estate
	Owner Occupied		$	193,023,154	$	27,441,283	$	220,464,437	$	192,723,718	$	27,891,137		$	220,614,855
	Investment			227,271,036		41,250,887		268,521,923		208,766,058		41,624,825			250,390,883
	Hospitality			82,633,703		8,233,513		90,867,216		76,342,916		8,319,644			84,662,560
	Land and A&D			43,947,550		4,758,577		48,706,127		40,260,506		4,785,753			45,046,259
	Residential Real Estate
	First Lien-Investment			57,189,916		21,548,889		78,738,805		49,578,862		24,185,571			73,764,433
	First Lien-Owner Occupied			34,636,616		48,772,753		83,409,369		31,822,773		51,242,355			83,065,128
	Residential Land and A&D			24,256,462		8,060,100		32,316,562		22,239,663		8,509,239			30,748,902
	HELOC and Jr. Liens			20,884,878		2,777,758		23,662,636		20,854,737		3,046,749			23,901,486
	Commercial and Industrial			103,188,657		8,375,068		111,563,725		98,310,009		9,694,782			108,004,791
	Consumer			8,500,027		308,374		8,808,401		9,068,755		313,739			9,382,494
				795,531,999		171,527,202		967,059,201		749,967,997		179,613,794			929,581,791
	Allowance for loan losses			-4,127,669		-508,379		-4,636,048		-4,261,835		-20,000			-4,281,835
	Deferred loan costs, net			1,283,385		—		1,283,385		1,283,455		-9,923			1,273,532
			$	792,687,715	$	171,018,823	$	963,706,538	$	746,989,617	$	179,583,871		$	926,573,488
		-1		As a result of the acquisitions of Maryland Bankcorp, Inc. (Maryland Bankcorp), the parent company of Maryland Bank & Trust Company, N.A. (MB&T), in April 2011 and of WSB Holdings, the parent company of The Washington Savings Bank (“WSB”), in May 2013, we have segmented the portfolio into two components, loans originated by Old Line Bank “Legacy” and loans acquired from MB&T and WSB “Acquired”.
	Credit Policies and Administration
	We have adopted a comprehensive lending policy, which includes stringent underwriting standards for all types of loans. We have designed our underwriting standards to promote a complete banking relationship rather than a transactional relationship. In an effort to manage risk, prior to funding, the loan committee consisting of the Executive Officers and seven members of the Board of Directors must approve by a majority vote all credit decisions in excess of a lending officer’s lending authority.
	Management believes that it employs experienced lending officers, secures appropriate collateral and carefully monitors the financial condition of its borrowers and loan concentrations.
	In addition to the internal business processes employed in the credit administration area, Old Line Bank retains an outside independent firm to review the loan portfolio. This firm performs a detailed annual review and an interim update. We use the results of the firm’s report to validate our internal ratings and we review the commentary on specific loans and on our loan administration activities in order to improve our operations.
	Commercial Real Estate Loans
	We finance commercial real estate for our clients, for owner occupied and investment properties, hospitality and land acquisition and development. Commercial real estate loans totaled $628.6 million and $600.7 million at March 31, 2015 and December 31, 2014, respectively. This lending has involved loans secured by owner‑occupied commercial buildings for office, storage and warehouse space, as well as non‑owner occupied commercial buildings. Our underwriting criteria for commercial real estate loans include maximum loan‑to‑value ratios, debt coverage ratios, secondary sources of repayments, guarantor requirements, net worth requirements and quality of cash flows. Loans secured by commercial real estate may be large in size and may involve a greater degree of risk than one‑to‑four family residential mortgage loans. Payments on such loans are often dependent on successful operation or management of the properties. We will generally finance owner occupied commercial real estate that does not exceed loan to value of 80% and investor real estate at a maximum loan to value of 75%.
	Commercial real estate lending entails significant risks. Risks inherent in managing our commercial real estate portfolio relate to sudden or gradual drops in property values as well as changes in the economic climate that may detrimentally impact the borrower’s ability to repay. We monitor the financial condition and operating performance of the borrower through a review of annual tax returns and updated financial statements. In addition, we meet with the borrower and/or perform site visits as required.
	At March 31, 2015, we had approximately $90.9 million of commercial real estate loans outstanding to the hospitality industry. An individual review of these loans indicates that they generally have a low loan to value, more than acceptable existing or projected cash flow, are to experienced operators and are generally dispersed throughout the region.
	Residential Real Estate Loans
	We offer a variety of consumer oriented residential real estate loans including home equity lines of credit, home improvement loans and first or second mortgages on owner occupied and investment properties. Our residential loan portfolio amounted to $218.1 million and $211.5 million at March 31, 2015 and December 31, 2014. Although most of these loans are in our primary market area, the diversity of the individual loans in the portfolio reduces our potential risk. Usually, we secure our residential real estate loans with a security interest in the borrower’s primary or secondary residence with a loan to value not exceeding 85%. Our initial underwriting includes an analysis of the borrower’s debt/income ratio which generally may not exceed 43%, collateral value, length of employment and prior credit history. A credit score of 660 is required. We do not originate any subprime residential real estate loans.
	This segment of our portfolio also consists of funds advanced for construction of custom single family residences homes (where the home buyer is the borrower) and financing to builders for the construction of pre-sold homes and multi‑family housing.  These loans generally have short durations, meaning maturities typically of nine months or less.  Old Line Bank limits its construction lending risk through adherence to established underwriting procedures. These loans generally have short durations, meaning maturities typically of nine months or less. Residential houses, multi‑family dwellings and commercial buildings under construction and the underlying land for which the loan was obtained secure the construction loans. The vast majority of these loans are concentrated in our primary market area.
	Construction lending also entails significant risk. These risks generally involve larger loan balances concentrated with single borrowers with funds advanced upon the security of the land or the project under construction. An appraisal of the property estimates the value of the project “as is and as if” completed.  An appraisal of the property estimates the value of the project prior to completion of construction.  Thus, initial funds are advanced based on the current value of the property with the remaining construction funds advanced under a budget sufficient to successfully complete the project within the “as completed” loan to value.  To further mitigate the risks, we generally limit loan amounts to 80% or less of appraised values and obtain first lien positions on the property.
	We generally only offer real estate construction financing only to experienced builders, commercial entities or individuals who have demonstrated the ability to obtain a permanent loan “take‑out” (conversion to a permanent mortgage upon completion of the project).  We also perform a complete analysis of the borrower and the project under construction. This analysis includes a review of the cost to construct, the borrower’s ability to obtain a permanent “take‑out” the cash flow available to support the debt payments and construction costs in excess of loan proceeds, and the value of the collateral. During construction, we advance funds on these loans on a percentage of completion basis. We inspect each project as needed prior to advancing funds during the term of the construction loan.  We may provide permanent financing on the same projects for which we have provided the construction financing.
	We also offer fixed rate home improvement loans.  Our home equity and home improvement loan portfolio gives us a diverse client base.  Although most of these loans are in our primary market area, the diversity of the individual loans in the portfolio reduces our potential risk.  Usually, we secure our home equity loans and lines of credit with a security interest in the borrower’s primary or secondary residence.
	Under our loan approval policy, all residential real estate loans approved must comply with federal regulations.  Generally, we will make residential mortgage loans in amounts up to the limits established from time to time by Fannie Mae and Freddie Mac for secondary market resale purposes.  This amount for single-family residential loans currently varies from $417,000 up to a maximum of $625,500 for certain high-cost designated areas.  We also make residential mortgage loans up to limits established by the Federal Housing Administration, which currently is $625,500.  The Washington, D.C. and Baltimore areas are both considered high-cost designated areas.  We will, however, make loans in excess of these amounts if we believe that we can sell the loans in the secondary market or that the loans should be held in our portfolio.  For loans sold in the secondary market, we require a credit score of at least 640 with some exceptions to 620 for veterans.  Loans sold in the secondary market are sold to investors on a servicing released basis and recorded as loans held-for-sale.  The premium is recorded in gain on sale of loans in non-interest income, net of commissions paid to the loan officers.
	Commercial and Industrial Lending
	Our commercial and industrial lending consists of lines of credit, revolving credit facilities, accounts receivable financing, term loans, equipment loans, SBA loans, standby letters of credit and unsecured loans. We originate commercial loans for any business purpose including the financing of leasehold improvements and equipment, the carrying of accounts receivable, general working capital, and acquisition activities. We have a diverse client base and we do not have a concentration of these types of loans in any specific industry segment. We generally secure commercial business loans with accounts receivable, equipment, deeds of trust and other collateral such as marketable securities, cash value of life insurance and time deposits at Old Line Bank.
	Commercial business loans have a higher degree of risk than residential mortgage loans because the availability of funds for repayment generally depends on the success of the business. They may also involve high average balances, increased difficulty monitoring and a high risk of default. To help manage this risk, we typically limit these loans to proven businesses and we generally obtain appropriate collateral and personal guarantees from the borrower’s principal owners and monitor the financial condition of the business. For loans in excess of $250,000, monitoring generally includes a review of the borrower’s annual tax returns and updated financial statements.
	Consumer Installment Lending
	We offer various types of secured and unsecured consumer loans. We make consumer loans for personal, family or household purposes as a convenience to our customer base. This category includes our luxury boat loans, which we made prior to 2008 and that remain in our portfolio.  Consumer loans, however, are not a focus of our lending activities.  The underwriting standards for consumer loans include a determination of the applicant’s payment history on other debts and an assessment of his or her ability to meet existing obligations and payments on the proposed loan. As a general guideline, a consumer’s total debt service should not exceed 40% of his or her gross income.
	Consumer loans may present greater credit risk than residential mortgage loans because many consumer loans are unsecured or rapidly depreciating assets secure these loans. Repossessed collateral for a defaulted consumer loan may not provide an adequate source of repayment of the outstanding loan balance because of the greater likelihood of damage, loss or depreciation. Consumer loan collections depend on the borrower’s continuing financial stability. If a borrower suffers personal financial difficulties, the consumer may not repay the loan. Also, various federal and state laws, including bankruptcy and insolvency laws, may limit the amount we can recover on such loans.  However, in our opinion, many of these risks do not apply to the luxury boat portion of the loan portfolio due to the credit quality and liquidity of these borrowers.
	Concentrations of Credit
	Most of our lending activity occurs within the state of Maryland within the suburban Washington, D.C. market area in Anne Arundel, Calvert, Charles, Montgomery, Prince George’s and St. Mary’s Counties. The majority of our loan portfolio consists of commercial real estate loans and residential real estate loans.
	Non‑Accrual and Past Due Loans
	We consider loans past due if the borrower has not paid the required principal and interest payments when due under the original or modified terms of the promissory note and place a loan on non‑accrual status when the payment of principal or interest has become 90 days past due. When we classify a loan as non‑accrual, we no longer accrue interest on such loan and we reverse any interest previously accrued but not collected. We will generally restore a non‑accrual loan to accrual status when the borrower brings delinquent principal and interest payments current and we expect to collect future monthly principal and interest payments. We recognize interest on non‑accrual legacy loans only when received. We originally recorded purchased, credit‑impaired loans at fair value upon acquisition, and an accretable yield is established and recognized as interest income on purchased loans to the extent subsequent cash flows support the estimated accretable yield. Purchased, credit‑impaired loans that perform consistently with the accretable yield expectations are not reported as non‑accrual or non‑performing. However, purchased, credit‑impaired loans that do not continue to perform according to accretable yield expectations are considered impaired, and presented as non‑accrual and non‑performing. Currently, management expects to fully collect the carrying value of acquired, credit‑impaired loans.
	The table below presents an aging analysis of the loans held for investment portfolio at March 31, 2015 and December 31, 2014.
	Age Analysis of Past Due Loans
			March 31, 2015						December 31, 2014
			Legacy		Acquired		Total		Legacy		Acquired			Total
	Current		$	793,576,140	$	165,955,647	$	959,531,787	$	746,375,748	$	173,731,329		$	920,107,077
	Accruing past due loans:
	30-89 days past due
	Commercial Real Estate:
	Owner Occupied			—		—		—		—		—			—
	Investment			117,000		—		117,000		—		572,565			572,565
	Residential Real Estate:
	First-Investment			427,652		360,482		788,134		297,221		189,739			486,960
	First-Owner Occupied			—		2,645,012		2,645,012		—		1,423,752			1,423,752
	Land and A&D			—		—		—		—		168,875			168,875
	HELOC and Jr. Liens			—		—		—		—		87,703			87,703
	Commercial			169,266		43,698		212,964		45,483		1,167,538			1,213,021
	Consumer			136,993		4,176		141,169		—		9,308			9,308
	Total 30-89 days past due			850,911		3,053,368		3,904,279		342,704		3,619,480			3,962,184
90 or more days past due
Commercial Real Estate:
Owner Occupied			—		—		—		—		—			—
Residential Real Estate:
First-Investment			—		—		—		—		—			—
First-Owner Occupied			—		—		—		—		305,323			305,323
Land and A&D			—		—		—		—		—			—
Commercial			—		—		—		—		—			—
Consumer			—		—		—		—		—			—
Total 90 or more days past due			—		—		—		—		305,323			305,323
Total accruing past due loans			850,911		3,053,368		3,904,279		342,704		3,924,803			4,267,507
Recorded Investment Non-accruing loans:
Commercial Real Estate:
Owner Occupied			18,530		55,501		74,031		1,849,685		55,707			1,905,392
Investment			—		206,050		206,050		—		—			—
Hospitality			—		—		—		—		—			—
Residential Real Estate:														—
First-Investment			110,559		368,646		479,205		113,264		310,735			423,999
First-Owner Occupied			—		1,092,690		1,092,690		—		795,920			795,920
Land and A&D			—		795,300		795,300		—		795,300			795,300
Commercial			975,859		—		975,859		1,165,955		—			1,165,955
Consumer			—		—		—		120,641		—			120,641
Total Recorded Investment
Non-accruing past due loans:			1,104,948		2,518,187		3,623,135		3,249,545		1,957,662			5,207,207
Total Loans		$	795,531,999	$	171,527,202	$	967,059,201	$	749,967,997	$	179,613,794		$	929,581,791
We consider all non-performing loans and troubled debt restructurings (TDRs) to be impaired. We do not recognize interest income on non-performing loans during the time period that the loans are non-performing. We only recognize interest income on non-performing loans when we receive payment in full for all amounts due of all contractually required principle and interest, and the loan is current with its contractual terms.
The tables below present our impaired loans at and for the periods ended March 31, 2015 and December 31, 2014.
Impaired Loans
March 31, 2015
								Three months March 31, 2015
		Unpaid						Average		Interest
		Principal		Recorded		Related		Recorded		Income
		Balance		Investment		Allowance		Investment		Recognized
Legacy
With no related allowance recorded:
Commercial Real Estate:
Owner Occupied		$	260,181	$	260,181	$	—	$	261,197	$	1,123
Investment			1,302,483		1,302,483		—		1,308,729		4,830
Residential Real Estate:
First-Investment			110,559		110,559		—		333,990		—
Commercial			688,327		688,327		—		2,782,980		—
With an allowance recorded:
Commercial Real Estate:
Owner Occupied			278,711		18,530		18,530		39,526		—
Commercial			1,759,281		456,798		113,151		1,282,317		2,631
Total legacy impaired			4,399,542		2,836,878		131,681		6,008,739		8,584
Acquired (1)
With no related allowance recorded:
Commercial Real Estate:
Owner Occupied			48,359		55,501		—		48,359		—
Residential Real Estate:
First-Owner Investment			312,293		310,849		—		1,041,098		—
First-Owner Occupied			1,050,254		225,928		—		756,380		—
Land and A&D			62,613		—		—		666,149		—
Commercial			—		—		—		—		—
With an allowance recorded:
Commercial Real Estate:
Investment			210,311		206,050		51,512		210,311		—
Land and A&D			830,949		795,300		360,500		1,500,958		—
Residential Real Estate:
First-Owner Investment			57,001		57,797		14,449		57,001		—
First-Owner Occupied			354,047		868,766		81,917		1,416,959		—
Total acquired impaired			2,925,827		2,520,191		508,378		5,697,215		—
Total impaired		$	7,325,369	$	5,357,069	$	640,059	$	11,705,954	$	8,584
	-1		Generally accepted accounting principles require that we initially record acquired loans at fair value which includes a discount for loans with credit impairment. These loans are not performing according to their contractual terms and meet the definition of an acquired, credit-impaired loan. Although we do not accrue interest income at the contractual rate on these loans, we do recognize an accretable yield as interest income to the extent such yield is supported by cash flow analysis of the underlying loans.  Acquired, credit-impaired loans where the cash flows do not perform according to initial accretable yield estimates are considered impaired.
Impaired Loans
December 31, 2014
									Twelve months December 31, 2014
		Unpaid						Average		Interest
		Principal		Recorded		Related		Recorded		Income
		Balance		Investment		Allowance		Investment		Recognized
Legacy
With no related allowance recorded:
Commercial Real Estate:
Owner Occupied		$	2,113,173	$	2,113,173	$	—	$	2,111,733		$	18,318
Investment			1,319,280		1,319,280		—		1,315,243			58,664
Residential Real Estate:
First-Investment			113,264		113,264		—		112,027			—
Commercial			979,039		979,039		—		975,224			4,767
With an allowance recorded:
Commercial			375,450		375,450		159,040		365,860			13,101
Consumer			120,641		120,641		56,500		120,641			1,038
Total legacy impaired			5,020,847		5,020,847		215,540		5,000,728			95,888
Acquired (1)
With no related allowance recorded:
Commercial Real Estate:
Owner Occupied			48,359		55,706		—		48,359			1,742
Land and A&D			1,309,568		595,300		—		1,201,246			8,357
Residential Real Estate:
First-Owner Occupied			1,058,125		1,016,765		—		1,055,774			17,782
Investment			311,089		310,735		—		311,089			14,866
Land and A&D			—		—		—		—			—
Commercial			83,857		83,857		—		83,717			4,512
With an allowance recorded:
Commercial Real Estate:
Land and A&D			223,336		200,000		20,000		223,536			10,529
Total acquired impaired			3,034,334		2,262,363		20,000		2,923,721			57,788
Total impaired		$	8,055,181	$	7,283,210	$	235,540	$	7,924,449		$	153,676
	-1		Generally accepted accounting principles require that we initially record acquired loans at fair value which includes a discount for loans with credit impairment. These loans are not performing according to their contractual terms and meet the definition of an acquired, credit-impaired loan. Although we do not accrue interest income at the contractual rate on these loans, we do recognize an accretable yield as interest income to the extent such yield is supported by cash flow analysis of the underlying loans.  Acquired, credit-impaired loans where the cash flows do not perform according to initial accretable yield estimates are considered impaired.
We consider a loan a TDR when we conclude that both of the following conditions exist: the restructuring constitutes a concession and the debtor is experiencing financial difficulties.  Restructured loans at March 31, 2015 consisted of four loans for $583 thousand compared to four loans at December 31, 2014 for $589 thousand.  We had no loans that were modified as a TDR during the three month periods ending March 31, 2015 or 2014.  We had no loans that were modified as a TDR that defaulted within twelve months of the modification date during the three month period ending March 31, 2015.
Acquired impaired loans
The following table documents changes in the accretable discount on acquired impaired loans during the three months ended March 31, 2015 and 2014, along with the outstanding balances and related carrying amounts for the beginning and end of those respective periods.
		Three Months Ended March 31,
		2015		2014
Balance at beginning of period		$	-31,551	$	40,771
Accretion of fair value discounts			-189,886		-299,629
Reclassification from non-accretable			191,171		236,909
Balance at end of period		$	-30,266	$	-21,949
		Contractually
		Required Payments
		Receivable		Carrying Amount
At March 31, 2015		$	9,872,653	$	7,887,269
At December 31, 2014			10,658,840		7,994,604
At March 31, 2014			11,884,789		8,456,379
At December 31, 2013			12,482,792		8,742,777
Credit Quality Indicators
We review the adequacy of the allowance for loan losses at least quarterly.  We base the evaluation of the adequacy of the allowance for loan losses upon loan categories.  We categorize loans as residential real estate loans, commercial real estate loans, commercial loans and consumer loans.  We further divide commercial real estate loans by owner occupied, investment, hospitality and land acquisition and development.  We also divide residential real estate by owner occupied, investment, land acquisition and development and junior liens.  All categories are divided by risk rating and loss factors and weighed by risk rating to determine estimated loss amounts.  We evaluate delinquent loans and loans for which management has knowledge about possible credit problems of the borrower or knowledge of problems with collateral separately and assign loss amounts based upon the evaluation.
We determine loss ratios for all loans based upon a review of the three year loss ratio for the category and qualitative factors.
We charge off loans that management has identified as losses.  We consider suggestions from our external loan review firm and bank examiners when determining which loans to charge off.  We automatically charge off consumer loan accounts based on regulatory requirements.
If a loan that was previously rated a pass performing loan, from our acquisitions, deteriorates subsequent to the acquisition, the subject loan will be assessed for risk and, if necessary, evaluated for impairment.  If the risk assessment rating is adversely changed and the loan is determined to not be impaired, the loan will be placed in a migration category and the credit mark established for the loan will be compared to the general reserve allocation that would be applied using the current allowance for loan losses formula for General Reserves.  If the credit mark exceeds the allowance for loan losses formula for General Reserves, there will be no change to the allowance for loan losses.  If the credit mark is less than the current allowance for loan losses formula for General Reserves, the allowance for loan losses will be increased by the amount of the shortfall by a provision recorded in the income statement. If the loan is deemed impaired, the loan will be subject to evaluation for loss exposure and a specific reserve.  If the estimate of loss exposure exceeds the credit mark, the allowance for loan losses will be increased by the amount of the excess loss exposure through a provision.  If the credit mark exceeds the estimate of loss exposure there will be no change to the allowance for loan losses.  If a loan from the acquired loan portfolio is carrying a specific credit mark and a current evaluation determines that there has been an increase in loss exposure, the allowance for loan losses will be increased by the amount of the current loss exposure in excess of the credit mark.
The following tables outline the class of loans by risk rating at March 31, 2015 and December 31, 2014:
March 31, 2015		Account Balance
		Legacy		Acquired		Total
Risk Rating
Pass (1-5)
Commercial Real Estate:
Owner Occupied		$	191,524,061	$	24,398,121	$	215,922,182
Investment			224,731,628		39,623,989		264,355,617
Hospitality			82,633,703		8,233,513		90,867,216
Land and A&D			41,205,987		4,403,405		45,609,392
Residential Real Estate:
First-Investment			55,886,496		20,068,439		75,954,935
First-Owner Occupied			34,555,183		44,773,040		79,328,223
Land and A&D			22,621,823		5,915,373		28,537,196
HELOC and Jr. Liens			20,877,956		2,777,758		23,655,714
Commercial			100,615,089		6,064,278		106,679,367
Consumer			8,500,027		308,374		8,808,401
			783,151,953		156,566,290		939,718,243
Special Mention (6)
Commercial Real Estate:
Owner Occupied			352,985		2,412,662		2,765,647
Investment			1,236,925		667,480		1,904,405
Hospitality			—		—		—
Land and A&D			2,741,563		355,172		3,096,735
Residential Real Estate:
First-Investment			1,192,861		645,841		1,838,702
First-Owner Occupied			81,433		2,303,024		2,384,457
Land and A&D			1,634,639		698,880		2,333,519
HELOC and Jr. Liens			6,922		—		6,922
Commercial			1,428,443		1,341,904		2,770,347
Consumer			—		—		—
			8,675,771		8,424,963		17,100,734
Substandard (7)
Commercial Real Estate:
Owner Occupied			1,146,108		630,501		1,776,609
Investment			1,302,483		959,418		2,261,901
Hospitality			—		—		—
Land and A&D			—		—		—
Residential Real Estate:
First-Investment			110,559		834,609		945,168
First-Owner Occupied			—		1,696,688		1,696,688
Land and A&D			—		1,445,847		1,445,847
HELOC and Jr. Liens			—		—		—
Commercial			1,145,125		968,886		2,114,011
Consumer			—		—		—
			3,704,275		6,535,949		10,240,224
Doubtful (8)			—		—		—
Loss (9)			—		—		—
Total		$	795,531,999	$	171,527,202	$	967,059,201
December 31, 2014		Account Balance
		Legacy		Acquired		Total
Risk Rating
Pass (1-5)
Commercial Real Estate:
Owner Occupied		$	189,360,330	$	24,816,057	$	214,176,387
Investment			205,395,067		40,023,958		245,419,025
Hospitality			76,342,916		8,319,644		84,662,560
Land and A&D			37,227,339		4,419,829		41,647,168
Residential Real Estate:
First-Investment			48,263,092		22,746,166		71,009,258
First-Owner Occupied			31,740,158		47,472,349		79,212,507
Land and A&D			20,601,936		6,396,128		26,998,064
HELOC and Jr. Liens			20,847,571		3,046,749		23,894,320
Commercial			94,818,009		6,847,628		101,665,637
Consumer			9,272,091		313,739		9,585,830
			733,868,509		164,402,247		898,270,756
Special Mention (6)
Commercial Real Estate:
Owner Occupied			357,092		2,444,375		2,801,467
Investment			1,731,771		846,789		2,578,560
Hospitality			—		—		—
Land and A&D			3,033,167		365,924		3,399,091
Residential Real Estate:
First-Investment			1,202,506		649,375		1,851,881
First-Owner Occupied			82,616		2,367,157		2,449,773
Land and A&D			1,637,727		710,163		2,347,890
HELOC and Jr. Liens			7,166		—		7,166
Commercial			2,147,102		1,871,103		4,018,205
Consumer			—		—		—
			10,199,147		9,254,886		19,454,033
Substandard (7)
Commercial Real Estate:
Owner Occupied			3,006,294		630,707		3,637,001
Investment			1,315,243		754,079		2,069,322
Hospitality			—		—		—
Land and A&D			—		—		—
Residential Real Estate:
First-Investment			113,264		790,030		903,294
First-Owner Occupied			—		1,402,848		1,402,848
Land and A&D			—		1,402,947		1,402,947
HELOC and Jr. Liens			—		—		—
Commercial			1,344,899		976,050		2,320,949
Consumer			120,641		—		120,641
			5,900,341		5,956,661		11,857,002
Doubtful (8)			—		—		—
Loss (9)			—		—		—
Total		$	749,967,997	$	179,613,794	$	929,581,791
The following table details activity in the allowance for loan losses by portfolio segment for the three month periods ended March 31, 2015 and 2014.  Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories.
				Commercial		Residential
Three Months Ended March 31, 2015		Commercial		Real Estate		Real Estate		Consumer		Total
Beginning balance		$	696,371	$	2,558,368	$	926,995	$	100,101	$	4,281,835
General provision for loan losses			247,099		36,271		357,460		-79,099		561,731
Recoveries			942		20		10,158		20,603		31,723
			944,412		2,594,659		1,294,613		41,605		4,875,289
Loans charged off			-182,741		—		-56,500		—		-239,241
Ending Balance		$	761,671	$	2,594,659	$	1,238,113	$	41,605	$	4,636,048
Amount allocated to:
Legacy Loans:
Individually evaluated for impairment		$	113,151	$	—	$	18,530	$	—	$	131,681
Other loans not individually evaluated			648,520		2,543,147		762,717		41,605		3,995,989
Acquired Loans:
Individually evaluated for impairment			—		51,512		456,866		—		508,378
Ending balance		$	761,671	$	2,594,659	$	1,238,113	$	41,605	$	4,636,048
				Commercial		Residential
Three Months Ended March 31, 2014		Commercial		Real Estate		Real Estate		Consumer		Total
Beginning balance		$	495,051	$	3,569,395	$	841,234	$	23,533	$	4,929,213
General provision for loan losses			76,063		159,543		91,713		11,251		338,570
Provision for loan losses for loans acquired with deteriorated credit quality			-5,907		-138,480		75,586		—		-68,801
Recoveries			2,496		40		7,670		4,026		14,232
			567,703		3,590,498		1,016,203		38,810		5,213,214
Loans charged off			-1,000		—		-320,006		-10,269		-331,275
Ending Balance		$	566,703	$	3,590,498	$	696,197	$	28,541	$	4,881,939
Amount allocated to:
Legacy Loans:
Individually evaluated for impairment		$	185,846	$	1,385,160	$	—	$	—	$	1,571,006
Other loans not individually evaluated			101,821		2,205,338		512,427		28,541		2,848,127
Acquired Loans:
Individually evaluated for impairment			279,036		—		183,770		—		462,806
Ending balance		$	566,703	$	3,590,498	$	696,197	$	28,541	$	4,881,939
Our recorded investment in loans at March 31, 2015 and 2014 related to each balance in the allowance for probable loan losses by portfolio segment and disaggregated on the basis of our impairment methodology was as follows:
				Commercial		Residential
March 31, 2015		Commercial		Real Estate		Real Estate		Consumer		Total
Legacy loans:
Individually evaluated for impairment with specific reserve		$	456,798	$	—	$	18,530	$	—	$	475,328
Individually evaluated for impairment without specific reserve			688,327		1,562,664		110,559		—		2,361,550
Other loans not individually evaluated			102,043,532		545,312,779		136,838,784		8,500,027		792,695,122
Acquired loans:
Individually evaluated for impairment without specific reserve (ASC 310-20 at acquisition)			—		55,501		1,054,178		—		1,109,679
Individually evaluated for impairment with specific reserve (ASC 310-30 at acquisition)			—		206,050		1,204,462		—		1,410,512
Collectively evaluated for impairment without reserve (ASC 310-20 at acquisition)			8,375,068		81,422,709		78,900,859		308,374		169,007,010
Ending balance		$	111,563,725	$	628,559,703	$	218,127,372	$	8,808,401	$	967,059,201
					Commercial	Residential
March 31, 2014		Commercial			Real Estate	Real Estate		Consumer		Total
Legacy loans:
Individually evaluated for impairment with specific reserve		$	439,694	$	5,824,940	$	—	$	—	$	6,264,634
Individually evaluated for impairment without specific reserve			752,182		2,120,282		120,478		—		2,992,942
Other loans not individually evaluated			87,319,319		436,230,697		99,467,152		9,759,318		632,776,486
Acquired loans:
Individually evaluated for impairment with specific reserve subsequent to acquisition (ASC 310-20 at acquisition)			—		372,048		482,631		—		854,679
Individually evaluated for impairment without specific reserve (ASC 310-20 at acquisition)			86,813		—		515,826		—		602,639
Individually evaluated for impairment without specific reserve (ASC 310-30 at acquisition)			—		—		232,027		—		232,027
Collectively evaluated for impairment without reserve (ASC 310-20 at acquisition)			10,085,609		95,166,297		103,563,849		775,542		209,591,297
Ending balance		$	98,683,617	$	539,714,264	$	204,381,963	$	10,534,860	$	853,314,704

OTHER_REAL_ESTATE_OWNED

OTHER REAL ESTATE OWNED	3 Months Ended
	Mar. 31, 2015
OTHER REAL ESTATE OWNED
OTHER REAL ESTATE OWNED	5.OTHER REAL ESTATE OWNED
	At March 31, 2015 and December 31, 2014, the fair value of other real estate owned was $1.6 million and $2.5 million, respectively.  As a result of the acquisitions of Maryland Bankcorp and WSB Holdings, we have segmented the other real estate owned into two components, real estate obtained as a result of loans originated by Old Line Bank (legacy) and other real estate acquired from MB&T and WSB or obtained as a result of loans originated by MB&T and WSB (acquired).
	The following outlines the transactions in other real estate owned during the period.
	Three Months Ended March 31, 2015	Legacy		Acquired		Total
	Beginning balance	$	475,291	$	1,976,629	$	2,451,920
	Additional write down of real estate owned		—		-57,375		-57,375
	Sales/deposit on sales		—		-659,776		-659,776
	Net realized gain (loss) on sale of real estate owned		—		-134,754		-134,754
	Ending balance owned	$	475,291	$	1,124,724	$	1,600,015
	Residential Foreclosures and Repossessed Assets — Once all potential alternatives for reinstatement are exhausted, past due loans collateralized by residential real estate are referred for foreclosure proceedings in accordance with local requirements of the applicable jurisdiction. Once possession of the property collateralizing the loan is obtained, the repossessed property will be recorded within other assets either as other real estate owned or, where management has both the intent and ability to recover its losses through a government guarantee, as a foreclosure claim receivable.  At March 31, 2015, residential foreclosures classified as other real estate owned totaled $336 thousand.  Loans secured by residential real estate in process of foreclosure totaled $2.7 million at March 31, 2015.

EARNINGS_PER_COMMON_SHARE

EARNINGS PER COMMON SHARE	3 Months Ended
	Mar. 31, 2015
EARNINGS PER COMMON SHARE
EARNINGS PER COMMON SHARE	6.EARNINGS PER COMMON SHARE
	We determine basic earnings per common share by dividing net income available to common stockholders by the weighted average number of shares of common stock outstanding giving retroactive effect to stock dividends.
	We calculate diluted earnings per common share by including the average dilutive common stock equivalents outstanding during the period.  Dilutive common equivalent shares consist of stock options, calculated using the treasury stock method.
		Three Months Ended
		March 31,
		2015	2014
	Weighted average number of shares	10,807,366	10,780,141
	Dilutive average number of shares	10,899,030	10,942,110

STOCK_BASED_COMPENSATION

STOCK BASED COMPENSATION	3 Months Ended
	Mar. 31, 2015
STOCK BASED COMPENSATION
STOCK BASED COMPENSATION	7.STOCK BASED COMPENSATION
	For the three months ended March 31, 2015 and 2014, we recorded stock-based compensation expense of $91,902 and $126,802, respectively.  At March 31, 2015, there was $318,629 of total unrecognized compensation cost related to non-vested stock options and restricted stock awards that we expect to realize over the next 2.25 years. As of March 31, 2015, there were 425,264 shares remaining available for future issuance under the equity incentive plans. The directors and officers did not exercise any options during the three month period ended March 31, 2015 and 2014.
	For purposes of determining estimated fair value of stock options and restricted stock awards, we have computed the estimated fair values of all stock-based compensation using the Black-Scholes option pricing model and, for stock options and restricted stock awards granted prior to December 31, 2014, have applied the assumptions set forth in Old Line Bancshares’ Annual Report on Form 10-K for the year ended December 31, 2014.  During the three months ended March 31, 2015 and 2014, we granted 50,597 and 50,759 stock options, respectively.  The weighted average grant date fair value of these 2015 stock options is $5.09 and was computed using the Black-Scholes option pricing model under similar assumptions.
	During the three months ended March 31, 2015 and 2014, we granted 9,331 and 8,257 restricted common stock awards, respectively. The weighted average grant date fair value of these restricted stock awards is $14.38 at March 31, 2015. There were no restricted shares forfeited during the three month periods ending March 31, 2015 and 2014.

FAIR_VALUE_MEASUREMENT

FAIR VALUE MEASUREMENT	3 Months Ended
	Mar. 31, 2015
Fair Value Measurement
Fair Value Measurement	8.FAIR VALUE MEASUREMENT
	The fair value of an asset or liability is the price that participants would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants.  A fair value measurement assumes that the transaction to sell the asset or transfer the liability occurs in the principal market for the asset or liability, or, in the absence of a principal market, the most advantageous market for the asset or liability.  The price in the principal (or most advantageous) market used to measure the fair value of the asset or liability shall not be adjusted for transaction costs.  An orderly transaction is a transaction that assumes exposure to the market for a period prior to the measurement date to allow for marketing activities that are usual and customary for transactions involving such assets and liabilities; it is not a forced transaction.  Market participants are buyers and sellers in the principal market that are (i) independent, (ii) knowledgeable, (iii) able to transact and (iv) willing to transact.
	The fair value hierarchy established by accounting standards defines three input levels for fair value measurement.  The applicable standard describes three levels of inputs that may be used to measure fair value: Level 1 is based on quoted market prices in active markets for identical assets.  Level 2 is based on significant observable inputs other than Level 1 prices.  Level 3 is based on significant unobservable inputs that reflect a company’s own assumptions about the assumption that market participants would use in pricing an asset or liability.  We evaluate fair value measurement inputs on an ongoing basis in order to determine if there is a change of sufficient significance to warrant a transfer between levels.  For the three months ended March 31, 2015 and year ended December 31, 2014, there were no transfers between levels.
	At March 31, 2015, we hold, as part of our investment portfolio, available for sale securities reported at fair value consisting of municipal securities, U.S. government sponsored entities, mortgage-backed securities.  The fair value of the majority of these securities is determined using widely accepted valuation techniques including matrix pricing and broker-quote based applications.  Inputs include benchmark yields, reported trades, issuer spreads, prepayments speeds and other relevant items.  These are inputs used by a third-party pricing service used by us.
	To validate the appropriateness of the valuations provided by the third party, we regularly update the understanding of the inputs used and compare valuations to an additional third party source.  We classify all our investment securities available for sale in Level 2 of the fair value hierarchy, with the exception of treasury securities which fall into Level 1.
	Assets and Liabilities Measured at Fair Value on a Recurring Basis
		At March 31, 2015 (In thousands)
				Quoted Prices in		Other		Significant		Total Changes
				Active Markets for		Observable		Unobservable		in Fair Values
				Identical Assets		Inputs		Inputs		Included in
		Carrying Value		(Level 1)		(Level 2)		(Level 3)		Period Earnings
	Available-for-sale:
	Treasury securities	$	3,003	$	3,003	$	—	$	—	$	—
	U.S. government agency		38,319		—		38,319		—		—
	Municipal securities		42,371		—		42,371		—		—
	FHLMC MBS		19,833		—		19,833		—		—
	FNMA MBS		17,445		—		17,445		—		—
	GNMA MBS		31,722		—		31,722		—		—
	SBA loan pools		5,688		—		5,688		—		—
	Total recurring assets at fair value	$	158,381	$	3,003	$	155,378	$	—	$	—
		At December 31, 2014 (In thousands)
				Quoted Prices in		Other		Significant		Total Changes
				Active Markets for		Observable		Unobservable		in Fair Values
				Identical Assets		Inputs		Inputs		Included in
		Carrying Value		(Level 1)		(Level 2)		(Level 3)		Period Earnings
	Available-for-sale:
	Treasury securities	$	3,006	$	3,006	$	—	$	—	$	—
	U.S. government agency		37,656		—		37,656		—		—
	Municipal securities		43,546		—		43,546		—		—
	FHLMC MBS		20,471		—		20,471		—		—
	FNMA MBS		17,867		—		17,867		—		—
	GNMA MBS		33,139		—		33,139		—		—
	SBA loan pools		5,995		—		5,995		—		—
	Total recurring assets at fair value	$	161,680	$	3,006	$	158,674	$	—	$	—
	Our valuation methodologies may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values.  While management believes our methodologies are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value.  Furthermore, we have not comprehensively revalued the fair value amounts since the presentation dates, and therefore, estimates of fair value after the balance sheet date may differ significantly from the above presented amounts.
	Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis
	We may be required from time to time, to measure certain assets at fair value on a non-recurring basis in accordance with U.S. generally accepted accounting principles. These include assets that are measured at the lower of cost or market that were recognized at fair value below cost at the end of the period. Assets measured at fair value on a nonrecurring basis at March 31, 2015 and December 31, 2014 are included in the tables below.
	We also measure certain non-financial assets such as other real estate owned, TDRs, and repossessed or foreclosed property at fair value on a non-recurring basis. Generally, we estimate the fair value of these items using Level 2 inputs based on observable market data or Level 3 inputs based on discounting criteria.
		At March 31, 2015 (In thousands)
				Quoted Prices in		Other		Significant
				Active Markets for		Observable		Unobservable
				Identical Assets		Inputs		Inputs
		Carrying Value		(Level 1)		(Level 2)		(Level 3)
	Impaired Loans
	Legacy:	$	1,143	$	—	$	—	$	1,143
	Acquired:		2,381		—		—		2,381
	Total Impaired Loans		3,524		—		—		3,524
	Other real estate owned:
	Legacy:		475		—		—		475
	Acquired:		1,125		—		—		1,125
	Total other real estate owned:		1,600		—		—		1,600
	Total	$	5,124	$	—	$	—	$	5,124
		At December 31, 2014 (In thousands)
				Quoted Prices in		Other		Significant
				Active Markets for		Observable		Unobservable
				Identical Assets		Inputs		Inputs
		Carrying Value		(Level 1)		(Level 2)		(Level 3)
	Impaired Loans
	Legacy:	$	4,805	$	—	$	—	$	4,805
	Acquired:		2,242		—		—		2,242
	Total Impaired Loans		7,047		—		—		7,047
	Other real estate owned:
	Legacy:		475		—		—	$	475
	Acquired:		1,977		—		—		1,977
Total other real estate owned:		2,452		—		—		2,452
Total	$	9,499	$	—	$	—	$	9,499
As of March 31, 2015 and December 31, 2014, we estimated the fair value of impaired assets using Level 3 inputs to be $5.1 million and $9.5 million, respectively.  We determined these Level 3 inputs based on appraisal evaluations, offers to purchase and/or appraisals that we obtained from an outside third party during the preceding twelve months less costs to sell.  Discounts have predominantly been in the range of 0% to 50%.  As a result of the acquisition of Maryland Bankcorp and WSB Holdings, we have segmented the other real estate owned into two components, real estate obtained as a result of loans originated by Old Line Bank (legacy) and other real estate acquired from MB&T and WSB or obtained as a result of loans originated by MB&T and WSB (acquired).
We use the following methodologies for estimating fair values of financial instruments that we do not measure on a recurring basis.  The estimated fair values of financial instruments equal the carrying value of the instruments except as noted.
Cash and Cash Equivalents - For cash and cash equivalents, the carrying amount is a reasonable estimate of fair value because of the short maturities of these instruments.
Loans- We estimate the fair value of loans, segregated by type based on similar financial characteristics, by discounting future cash flows using current rates for which we would make similar loans to borrowers with similar credit histories.  We then adjust this calculated amount for any credit impairment.
Loans held for Sale- Loans held for sale are carried at the lower of cost or market value.  The fair values of loans held for sale are based on commitments on hand from investors within the secondary market for loans with similar characteristics.
Investment Securities- We base the fair values of investment securities upon quoted market prices or dealer quotes.
Equity Securities- Equity securities are considered restricted stock and are carried at cost which approximates fair value.
Bank Owned Life Insurance - The carrying amount of Bank Owned Life Insurance (“BOLI”) purchased on a group of officers is a reasonable estimate of fair value.  BOLI is an insurance product that provides an effective way to offset current employee benefit costs.
Accrued Interest Receivable and Payable- The carrying amount of accrued interest and dividends receivable on loans and investments and payable on borrowings and deposits approximate their fair values.
Interest bearing deposits-The fair value of demand deposits and savings accounts is the amount payable on demand.  We estimate the fair value of fixed maturity certificates of deposit using the rates currently offered for deposits of similar remaining maturities.
Non-Interest bearing deposits- The fair value of non-interest bearing accounts is the amount payable on demand at the reporting date.
Long and short term borrowings- The fair value of long and short term fixed rate borrowings is estimated by discounting the value of contractual cash flows using rates currently offered for advances with similar terms and remaining maturities.
Off-balance Sheet Commitments and Contingencies- Carrying amounts are reasonable estimates of the fair values for such financial instruments.  Carrying amounts include unamortized fee income and, in some cases, reserves for any credit losses from those financial instruments. These amounts are not material to our financial position.
Under ASC Topic 825, entities may choose to measure eligible financial instruments at fair value at specified election dates.  The fair value measurement option (i) may be applied instrument by instrument, with certain exceptions, (ii) is generally irrevocable and (iii) is applied only to entire instruments and not to portions of instruments.  We must report in earnings unrealized gains and losses on items for which we have elected the fair value measurement option at each subsequent reporting date.  We measure certain financial assets and financial liabilities at fair value on a non-recurring basis.  These assets and liabilities are subject to fair value adjustments in certain circumstances such as when there is evidence of impairment.
	March 31, 2015 (In thousands)
					Quoted Prices		Significant		Significant
			Total		in Active		Other		Other
	Carrying		Estimated		Markets for		Observable		Unobservable
	Amount		Fair		Identical Assets		Inputs		Inputs
	(000’s)		Value		(Level 1)		(Level 2)		(Level 3)
Assets:
Cash and cash equivalents	$	38,767	$	38,767	$	38,767	$	—	$	—
Loans receivable, net		963,707		981,184		—		—		981,184
Loans held for sale		8,692		9,008		—		9,008		—
Investment securities available for sale		158,381		158,381		3,003		155,378		—
Equity Securities at cost		3,353		3,353		—		3,353		—
Bank Owned Life Insurance		31,643		31,643		—		31,643		—
Accrued interest receivable		3,173		3,173		—		693		2,480
Liabilities:
Deposits:
Non-interest-bearing		269,733		269,733		—		269,733		—
Interest bearing		781,719		787,204		—		787,204		—
Short term borrowings		71,236		71,236		—		71,236		—
Long term borrowings		5,958		5,867		—		5,867		—
Accrued Interest payable		284		284		—		284		—
	December 31, 2014 (In thousands)
					Quoted Prices		Significant		Significant
			Total		in Active		Other		Other
	Carrying		Estimated		Markets for		Observable		Unobservable
	Amount		Fair		Identical Assets		Inputs		Inputs
	(000’s)		Value		(Level 1)		(Level 2)		(Level 3)
Assets:
Cash and cash equivalents	$	25,405	$	25,405	$	25,405	$	—	$	—
Loans receivable, net		926,573		935,397		—		—		935,397
Loans held for sale		4,548		4,754		—		4,754		—
Investment securities available for sale		161,680		161,680		3,006		158,674		—
Equity Securities at cost		5,812		5,812		—		5,812		—
Bank Owned Life Insurance		31,430		31,430		—		31,431		—
Accrued interest receivable		3,218		3,218		—		883		2,335
Liabilities:
Deposits:
Non-interest-bearing		260,914		260,914		—		260,914		—
Interest bearing		754,826		760,503		—		760,503		—
Short term borrowings		61,003		61,003		—		61,003		—
Long term borrowings		5,987		5,987		—		5,987		—
Accrued Interest payable		266		266		—		266		—

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2015
Summary of Significant Accounting Policies
Basis of Presentation and Consolidation	Basis of Presentation and Consolidation -  The accompanying condensed consolidated financial statements include the activity of Old Line Bancshares and its wholly owned subsidiary, Old Line Bank, and its majority owned subsidiary Pointer Ridge Office Investments, LLC (Pointer Ridge), a real estate investment company.  We have eliminated all significant intercompany transactions and balances.
	We report the non-controlling interests in Pointer Ridge separately in the consolidated balance sheet.  We report the income of Pointer Ridge attributable to Old Line Bancshares on the consolidated statement of income.
	The foregoing consolidated financial statements for the periods ended March 31, 2015 and 2014 are unaudited and have been prepared in accordance with U.S. generally accepted accounting principles (US GAAP); however, in the opinion of management we have included all adjustments (comprising only normal recurring accruals) necessary for a fair presentation of the results of the interim period.  We derived the balances as of December 31, 2014 from audited financial statements.  These statements should be read in conjunction with Old Line Bancshares’ financial statements and accompanying notes included in Old Line Bancshares’ Form 10-K for the year ended December 31, 2014.  We have made no significant changes to Old Line Bancshares’ accounting policies as disclosed in the Form 10-K.
Use of estimates	Use of estimates - The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements.  These estimates and assumptions may affect the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from these estimates.  A material estimate that is particularly susceptible to significant change in the near term relates to the determination of the allowance for loan losses
Reclassifications	Reclassifications - We have made certain reclassifications to the 2014 financial presentation to conform to the 2015 presentation.  These reclassifications did not change net income or stockholders’ equity.
Recent Accounting Pronouncements	Recent Accounting Pronouncements - In August 2014, the Financial Accounting Board “”FASB”) issued Accounting Standard Update (“ASU”) No. 2014-14- Receivables – Troubled Debt Restructurings by Creditors (Subtopic 310-40): Classification of Certain Government-Guaranteed Mortgage Loans upon Foreclosure, to address the diversity in practice regarding the classification and measurement of foreclosed loans which were part of a government-sponsored loan guarantee program (e.g. HUD, FHA, VA).  The ASU outlines certain criteria and provides that, if met, the loan (residential or commercial) should be derecognized and a separate other receivable should be recorded upon foreclosure at the amount of the loan balance (principal and interest) expected to be recovered from the guarantor.  This ASU will be effective for annual reporting periods beginning after December 15, 2014, including interim periods within that reporting period.  The adoption of ASU No. 2014-14 did not have a material impact on our consolidated financial statements and the required disclosures have been included in Note 5.

POINTER_RIDGE_OFFICE_INVESTMEN1

POINTER RIDGE OFFICE INVESTMENT, LLC (Tables)	3 Months Ended
	Mar. 31, 2015
Pointer Ridge Office Investment, LLC
Summary of condensed Balance Sheets and Statements of Income information
		March 31,		December 31,
	Balance Sheets	2015		2014
	Current assets	$	250,190	$	269,314
	Non-current assets		6,384,597		6,433,380
	Liabilities		5,958,485		6,003,139
	Equity		676,303		699,555
		Three Months Ended
		March 31,
	Statements of Income	2015		2014
	Revenue	$	243,277	$	238,991
	Expenses		266,530		296,030
	Net loss	$	-23,253	$	-57,039

INVESTMENT_SECURITIES_Tables

INVESTMENT SECURITIES (Tables)	3 Months Ended
	Mar. 31, 2015
Investment Securities
Summary of the amortized cost and estimated fair value of securities
				Gross		Gross
		Amortized		unrealized		unrealized		Estimated
		cost		gains		losses		fair value
	March 31, 2015
	Available for sale
	U.S. treasury	$	3,000,515	$	2,185	$	—	$	3,002,700
	U.S. government agency		38,545,387		20,466		-247,327		38,318,526
	Municipal securities		41,325,292		1,073,996		-28,184		42,371,104
	Mortgage backed securities:
	FHLMC certificates		19,587,745		245,605		—		19,833,350
	FNMA certificates		17,359,782		121,158		-35,619		17,445,321
	GNMA certificates		31,733,254		150,056		-161,174		31,722,136
	SBA loan pools		5,787,060		—		-99,478		5,687,582
		$	157,339,035	$	1,613,466	$	-571,782	$	158,380,719
	December 31, 2014
	Available for sale
	U.S. treasury	$	3,000,690	$	5,460	$	—	$	3,006,150
	U.S. government agency		38,594,843		15,851		-954,362		37,656,332
	Municipal securities		42,662,399		980,452		-96,690		43,546,161
	Mortgage backed securities
	FHLMC certificates		20,323,394		150,735		-3,182		20,470,947
	FNMA certificates		17,898,497		61,472		-93,163		17,866,806
	GNMA certificates		33,266,203		145,451		-272,309		33,139,345
	SBA loan pools		6,177,339		—		-182,882		5,994,457
		$	161,923,365	$	1,359,421	$	-1,602,588	$	161,680,198
Schedule of securities with unrealized losses segregated by length of impairment
		March 31, 2015
		Less than 12 months				12 Months or More				Total
		Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
		value		losses		value		losses		value		losses
	U.S. Treasury	$	—	$	—	$	—	$	—	$	—	$	—
	U.S. government agency		—		—		33,201,911		247,327		33,201,911		247,327
	Municipal securities		1,590,453		5,739		2,030,963		22,445		3,621,416		28,184
	Mortgage backed securities		3,448,609		9,447		22,485,723		187,346		25,934,332		196,793
	SBA loan pools		—		—		5,687,582		99,478		5,687,582		99,478
	Total unrealized losses	$	5,039,062	$	15,186	$	63,406,179	$	556,596	$	68,445,241	$	571,782
		December 31, 2014
		Less than 12 months				12 Months or More				Total
		Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
		value		losses		value		losses		value		losses
	U.S. government agency	$	1,492,650	$	6,543	$	32,497,194	$	947,819	$	33,989,844	$	954,362
	Municipal securities		2,054,635		19,397		4,617,972		77,293		6,672,607		96,690
	Mortgage backed securities		8,967,337		11,382		29,009,316		357,272		37,976,653		368,654
	SBA loan pools		—		—		5,994,457		182,882		5,994,457		182,882
	Total unrealized losses	$	12,514,622	$	37,322	$	72,118,939	$	1,565,266	$	84,633,561	$	1,602,588
Schedule of contractual maturities and pledged securities
		Available for Sale
		Amortized		Fair
	March 31, 2015	cost		value
	Maturing
	Within one year	$	10,511,089	$	10,610,726
	Over one to five years		83,303,546		83,998,901
	Over five to ten years		53,947,794		54,226,573
	Over ten years		9,576,606		9,544,519
		$	157,339,035	$	158,380,719
	Pledged securities	$	40,498,598	$	40,502,865

LOANS_Tables

LOANS (Tables)	3 Months Ended
	Mar. 31, 2015
Loans and Allowance for Loan Losses
Summary of major classifications of loans held for investment
			March 31, 2015						December 31, 2014
			Legacy (1)		Acquired		Total		Legacy (1)		Acquired			Total
	Commercial Real Estate
	Owner Occupied		$	193,023,154	$	27,441,283	$	220,464,437	$	192,723,718	$	27,891,137		$	220,614,855
	Investment			227,271,036		41,250,887		268,521,923		208,766,058		41,624,825			250,390,883
	Hospitality			82,633,703		8,233,513		90,867,216		76,342,916		8,319,644			84,662,560
	Land and A&D			43,947,550		4,758,577		48,706,127		40,260,506		4,785,753			45,046,259
	Residential Real Estate
	First Lien-Investment			57,189,916		21,548,889		78,738,805		49,578,862		24,185,571			73,764,433
	First Lien-Owner Occupied			34,636,616		48,772,753		83,409,369		31,822,773		51,242,355			83,065,128
	Residential Land and A&D			24,256,462		8,060,100		32,316,562		22,239,663		8,509,239			30,748,902
	HELOC and Jr. Liens			20,884,878		2,777,758		23,662,636		20,854,737		3,046,749			23,901,486
	Commercial and Industrial			103,188,657		8,375,068		111,563,725		98,310,009		9,694,782			108,004,791
	Consumer			8,500,027		308,374		8,808,401		9,068,755		313,739			9,382,494
				795,531,999		171,527,202		967,059,201		749,967,997		179,613,794			929,581,791
	Allowance for loan losses			-4,127,669		-508,379		-4,636,048		-4,261,835		-20,000			-4,281,835
	Deferred loan costs, net			1,283,385		—		1,283,385		1,283,455		-9,923			1,273,532
			$	792,687,715	$	171,018,823	$	963,706,538	$	746,989,617	$	179,583,871		$	926,573,488
		-1		As a result of the acquisitions of Maryland Bankcorp, Inc. (Maryland Bankcorp), the parent company of Maryland Bank & Trust Company, N.A. (MB&T), in April 2011 and of WSB Holdings, the parent company of The Washington Savings Bank (“WSB”), in May 2013, we have segmented the portfolio into two components, loans originated by Old Line Bank “Legacy” and loans acquired from MB&T and WSB “Acquired”.
Summary of aging analysis of the loan held for investment portfolio
	Age Analysis of Past Due Loans
			March 31, 2015						December 31, 2014
			Legacy		Acquired		Total		Legacy		Acquired			Total
	Current		$	793,576,140	$	165,955,647	$	959,531,787	$	746,375,748	$	173,731,329		$	920,107,077
	Accruing past due loans:
	30-89 days past due
	Commercial Real Estate:
	Owner Occupied			—		—		—		—		—			—
	Investment			117,000		—		117,000		—		572,565			572,565
	Residential Real Estate:
	First-Investment			427,652		360,482		788,134		297,221		189,739			486,960
	First-Owner Occupied			—		2,645,012		2,645,012		—		1,423,752			1,423,752
	Land and A&D			—		—		—		—		168,875			168,875
	HELOC and Jr. Liens			—		—		—		—		87,703			87,703
	Commercial			169,266		43,698		212,964		45,483		1,167,538			1,213,021
	Consumer			136,993		4,176		141,169		—		9,308			9,308
	Total 30-89 days past due			850,911		3,053,368		3,904,279		342,704		3,619,480			3,962,184
	90 or more days past due
	Commercial Real Estate:
	Owner Occupied			—		—		—		—		—			—
	Residential Real Estate:
	First-Investment			—		—		—		—		—			—
	First-Owner Occupied			—		—		—		—		305,323			305,323
	Land and A&D			—		—		—		—		—			—
	Commercial			—		—		—		—		—			—
	Consumer			—		—		—		—		—			—
	Total 90 or more days past due			—		—		—		—		305,323			305,323
	Total accruing past due loans			850,911		3,053,368		3,904,279		342,704		3,924,803			4,267,507
	Recorded Investment Non-accruing loans:
	Commercial Real Estate:
	Owner Occupied			18,530		55,501		74,031		1,849,685		55,707			1,905,392
	Investment			—		206,050		206,050		—		—			—
	Hospitality			—		—		—		—		—			—
	Residential Real Estate:														—
	First-Investment			110,559		368,646		479,205		113,264		310,735			423,999
	First-Owner Occupied			—		1,092,690		1,092,690		—		795,920			795,920
	Land and A&D			—		795,300		795,300		—		795,300			795,300
	Commercial			975,859		—		975,859		1,165,955		—			1,165,955
	Consumer			—		—		—		120,641		—			120,641
	Total Recorded Investment
	Non-accruing past due loans:			1,104,948		2,518,187		3,623,135		3,249,545		1,957,662			5,207,207
	Total Loans		$	795,531,999	$	171,527,202	$	967,059,201	$	749,967,997	$	179,613,794		$	929,581,791
Summary of impaired loans
	Impaired Loans
	March 31, 2015
									Three months March 31, 2015
			Unpaid						Average		Interest
			Principal		Recorded		Related		Recorded		Income
			Balance		Investment		Allowance		Investment		Recognized
	Legacy
	With no related allowance recorded:
	Commercial Real Estate:
	Owner Occupied		$	260,181	$	260,181	$	—	$	261,197	$	1,123
	Investment			1,302,483		1,302,483		—		1,308,729		4,830
	Residential Real Estate:
	First-Investment			110,559		110,559		—		333,990		—
	Commercial			688,327		688,327		—		2,782,980		—
	With an allowance recorded:
	Commercial Real Estate:
	Owner Occupied			278,711		18,530		18,530		39,526		—
	Commercial			1,759,281		456,798		113,151		1,282,317		2,631
	Total legacy impaired			4,399,542		2,836,878		131,681		6,008,739		8,584
	Acquired (1)
	With no related allowance recorded:
	Commercial Real Estate:
	Owner Occupied			48,359		55,501		—		48,359		—
	Residential Real Estate:
	First-Owner Investment			312,293		310,849		—		1,041,098		—
	First-Owner Occupied			1,050,254		225,928		—		756,380		—
	Land and A&D			62,613		—		—		666,149		—
	Commercial			—		—		—		—		—
	With an allowance recorded:
	Commercial Real Estate:
	Investment			210,311		206,050		51,512		210,311		—
	Land and A&D			830,949		795,300		360,500		1,500,958		—
	Residential Real Estate:
	First-Owner Investment			57,001		57,797		14,449		57,001		—
	First-Owner Occupied			354,047		868,766		81,917		1,416,959		—
	Total acquired impaired			2,925,827		2,520,191		508,378		5,697,215		—
	Total impaired		$	7,325,369	$	5,357,069	$	640,059	$	11,705,954	$	8,584
		-1		Generally accepted accounting principles require that we initially record acquired loans at fair value which includes a discount for loans with credit impairment. These loans are not performing according to their contractual terms and meet the definition of an acquired, credit-impaired loan. Although we do not accrue interest income at the contractual rate on these loans, we do recognize an accretable yield as interest income to the extent such yield is supported by cash flow analysis of the underlying loans.  Acquired, credit-impaired loans where the cash flows do not perform according to initial accretable yield estimates are considered impaired.
	Impaired Loans
	December 31, 2014
										Twelve months December 31, 2014
			Unpaid						Average		Interest
			Principal		Recorded		Related		Recorded		Income
			Balance		Investment		Allowance		Investment		Recognized
	Legacy
	With no related allowance recorded:
	Commercial Real Estate:
	Owner Occupied		$	2,113,173	$	2,113,173	$	—	$	2,111,733		$	18,318
	Investment			1,319,280		1,319,280		—		1,315,243			58,664
	Residential Real Estate:
	First-Investment			113,264		113,264		—		112,027			—
	Commercial			979,039		979,039		—		975,224			4,767
	With an allowance recorded:
	Commercial			375,450		375,450		159,040		365,860			13,101
	Consumer			120,641		120,641		56,500		120,641			1,038
	Total legacy impaired			5,020,847		5,020,847		215,540		5,000,728			95,888
	Acquired (1)
	With no related allowance recorded:
	Commercial Real Estate:
	Owner Occupied			48,359		55,706		—		48,359			1,742
	Land and A&D			1,309,568		595,300		—		1,201,246			8,357
	Residential Real Estate:
	First-Owner Occupied			1,058,125		1,016,765		—		1,055,774			17,782
Investment			311,089		310,735		—		311,089			14,866
Land and A&D			—		—		—		—			—
Commercial			83,857		83,857		—		83,717			4,512
With an allowance recorded:
Commercial Real Estate:
Land and A&D			223,336		200,000		20,000		223,536			10,529
Total acquired impaired			3,034,334		2,262,363		20,000		2,923,721			57,788
Total impaired		$	8,055,181	$	7,283,210	$	235,540	$	7,924,449		$	153,676
Schedule of the outstanding balances and related carrying amounts of acquired impaired loans
			Three Months Ended March 31,
			2015		2014
	Balance at beginning of period		$	-31,551	$	40,771
	Accretion of fair value discounts			-189,886		-299,629
	Reclassification from non-accretable			191,171		236,909
	Balance at end of period		$	-30,266	$	-21,949
			Contractually
			Required Payments
			Receivable		Carrying Amount
	At March 31, 2015		$	9,872,653	$	7,887,269
	At December 31, 2014			10,658,840		7,994,604
	At March 31, 2014			11,884,789		8,456,379
	At December 31, 2013			12,482,792		8,742,777
Schedule of allocation of allowance for loan losses by risk rating
	March 31, 2015		Account Balance
			Legacy		Acquired		Total
	Risk Rating
	Pass (1-5)
	Commercial Real Estate:
	Owner Occupied		$	191,524,061	$	24,398,121	$	215,922,182
	Investment			224,731,628		39,623,989		264,355,617
	Hospitality			82,633,703		8,233,513		90,867,216
	Land and A&D			41,205,987		4,403,405		45,609,392
	Residential Real Estate:
	First-Investment			55,886,496		20,068,439		75,954,935
	First-Owner Occupied			34,555,183		44,773,040		79,328,223
	Land and A&D			22,621,823		5,915,373		28,537,196
	HELOC and Jr. Liens			20,877,956		2,777,758		23,655,714
	Commercial			100,615,089		6,064,278		106,679,367
	Consumer			8,500,027		308,374		8,808,401
				783,151,953		156,566,290		939,718,243
	Special Mention (6)
	Commercial Real Estate:
	Owner Occupied			352,985		2,412,662		2,765,647
	Investment			1,236,925		667,480		1,904,405
	Hospitality			—		—		—
	Land and A&D			2,741,563		355,172		3,096,735
	Residential Real Estate:
	First-Investment			1,192,861		645,841		1,838,702
	First-Owner Occupied			81,433		2,303,024		2,384,457
	Land and A&D			1,634,639		698,880		2,333,519
	HELOC and Jr. Liens			6,922		—		6,922
	Commercial			1,428,443		1,341,904		2,770,347
	Consumer			—		—		—
				8,675,771		8,424,963		17,100,734
	Substandard (7)
	Commercial Real Estate:
	Owner Occupied			1,146,108		630,501		1,776,609
	Investment			1,302,483		959,418		2,261,901
	Hospitality			—		—		—
	Land and A&D			—		—		—
	Residential Real Estate:
	First-Investment			110,559		834,609		945,168
	First-Owner Occupied			—		1,696,688		1,696,688
	Land and A&D			—		1,445,847		1,445,847
	HELOC and Jr. Liens			—		—		—
	Commercial			1,145,125		968,886		2,114,011
	Consumer			—		—		—
				3,704,275		6,535,949		10,240,224
	Doubtful (8)			—		—		—
	Loss (9)			—		—		—
	Total		$	795,531,999	$	171,527,202	$	967,059,201
	December 31, 2014		Account Balance
			Legacy		Acquired		Total
	Risk Rating
	Pass (1-5)
	Commercial Real Estate:
	Owner Occupied		$	189,360,330	$	24,816,057	$	214,176,387
	Investment			205,395,067		40,023,958		245,419,025
	Hospitality			76,342,916		8,319,644		84,662,560
	Land and A&D			37,227,339		4,419,829		41,647,168
	Residential Real Estate:
	First-Investment			48,263,092		22,746,166		71,009,258
	First-Owner Occupied			31,740,158		47,472,349		79,212,507
	Land and A&D			20,601,936		6,396,128		26,998,064
	HELOC and Jr. Liens			20,847,571		3,046,749		23,894,320
	Commercial			94,818,009		6,847,628		101,665,637
Consumer			9,272,091		313,739		9,585,830
			733,868,509		164,402,247		898,270,756
Special Mention (6)
Commercial Real Estate:
Owner Occupied			357,092		2,444,375		2,801,467
Investment			1,731,771		846,789		2,578,560
Hospitality			—		—		—
Land and A&D			3,033,167		365,924		3,399,091
Residential Real Estate:
First-Investment			1,202,506		649,375		1,851,881
First-Owner Occupied			82,616		2,367,157		2,449,773
Land and A&D			1,637,727		710,163		2,347,890
HELOC and Jr. Liens			7,166		—		7,166
Commercial			2,147,102		1,871,103		4,018,205
Consumer			—		—		—
			10,199,147		9,254,886		19,454,033
Substandard (7)
Commercial Real Estate:
Owner Occupied			3,006,294		630,707		3,637,001
Investment			1,315,243		754,079		2,069,322
Hospitality			—		—		—
Land and A&D			—		—		—
Residential Real Estate:
First-Investment			113,264		790,030		903,294
First-Owner Occupied			—		1,402,848		1,402,848
Land and A&D			—		1,402,947		1,402,947
HELOC and Jr. Liens			—		—		—
Commercial			1,344,899		976,050		2,320,949
Consumer			120,641		—		120,641
			5,900,341		5,956,661		11,857,002
Doubtful (8)			—		—		—
Loss (9)			—		—		—
Total		$	749,967,997	$	179,613,794	$	929,581,791
Summary of activity in the allowance for loan losses by portfolio segment
					Commercial		Residential
	Three Months Ended March 31, 2015		Commercial		Real Estate		Real Estate		Consumer		Total
	Beginning balance		$	696,371	$	2,558,368	$	926,995	$	100,101	$	4,281,835
	General provision for loan losses			247,099		36,271		357,460		-79,099		561,731
	Recoveries			942		20		10,158		20,603		31,723
				944,412		2,594,659		1,294,613		41,605		4,875,289
	Loans charged off			-182,741		—		-56,500		—		-239,241
	Ending Balance		$	761,671	$	2,594,659	$	1,238,113	$	41,605	$	4,636,048
	Amount allocated to:
	Legacy Loans:
	Individually evaluated for impairment		$	113,151	$	—	$	18,530	$	—	$	131,681
	Other loans not individually evaluated			648,520		2,543,147		762,717		41,605		3,995,989
	Acquired Loans:
	Individually evaluated for impairment			—		51,512		456,866		—		508,378
	Ending balance		$	761,671	$	2,594,659	$	1,238,113	$	41,605	$	4,636,048
					Commercial		Residential
	Three Months Ended March 31, 2014		Commercial		Real Estate		Real Estate		Consumer		Total
	Beginning balance		$	495,051	$	3,569,395	$	841,234	$	23,533	$	4,929,213
	General provision for loan losses			76,063		159,543		91,713		11,251		338,570
	Provision for loan losses for loans acquired with deteriorated credit quality			-5,907		-138,480		75,586		—		-68,801
	Recoveries			2,496		40		7,670		4,026		14,232
				567,703		3,590,498		1,016,203		38,810		5,213,214
	Loans charged off			-1,000		—		-320,006		-10,269		-331,275
	Ending Balance		$	566,703	$	3,590,498	$	696,197	$	28,541	$	4,881,939
	Amount allocated to:
	Legacy Loans:
	Individually evaluated for impairment		$	185,846	$	1,385,160	$	—	$	—	$	1,571,006
	Other loans not individually evaluated			101,821		2,205,338		512,427		28,541		2,848,127
	Acquired Loans:
	Individually evaluated for impairment			279,036		—		183,770		—		462,806
	Ending balance		$	566,703	$	3,590,498	$	696,197	$	28,541	$	4,881,939
Summary of recorded investment in loans related to each balance in the allowance for probable loan losses by portfolio segment and disaggregated on the basis of impairment methodology
					Commercial		Residential
	March 31, 2015		Commercial		Real Estate		Real Estate		Consumer		Total
	Legacy loans:
	Individually evaluated for impairment with specific reserve		$	456,798	$	—	$	18,530	$	—	$	475,328
	Individually evaluated for impairment without specific reserve			688,327		1,562,664		110,559		—		2,361,550
	Other loans not individually evaluated			102,043,532		545,312,779		136,838,784		8,500,027		792,695,122
	Acquired loans:
	Individually evaluated for impairment without specific reserve (ASC 310-20 at acquisition)			—		55,501		1,054,178		—		1,109,679
	Individually evaluated for impairment with specific reserve (ASC 310-30 at acquisition)			—		206,050		1,204,462		—		1,410,512
	Collectively evaluated for impairment without reserve (ASC 310-20 at acquisition)			8,375,068		81,422,709		78,900,859		308,374		169,007,010
	Ending balance		$	111,563,725	$	628,559,703	$	218,127,372	$	8,808,401	$	967,059,201
						Commercial	Residential
	March 31, 2014		Commercial			Real Estate	Real Estate		Consumer		Total
	Legacy loans:
	Individually evaluated for impairment with specific reserve		$	439,694	$	5,824,940	$	—	$	—	$	6,264,634
	Individually evaluated for impairment without specific reserve			752,182		2,120,282		120,478		—		2,992,942
	Other loans not individually evaluated			87,319,319		436,230,697		99,467,152		9,759,318		632,776,486
	Acquired loans:
	Individually evaluated for impairment with specific reserve subsequent to acquisition (ASC 310-20 at acquisition)			—		372,048		482,631		—		854,679
	Individually evaluated for impairment without specific reserve (ASC 310-20 at acquisition)			86,813		—		515,826		—		602,639
	Individually evaluated for impairment without specific reserve (ASC 310-30 at acquisition)			—		—		232,027		—		232,027
	Collectively evaluated for impairment without reserve (ASC 310-20 at acquisition)			10,085,609		95,166,297		103,563,849		775,542		209,591,297
	Ending balance		$	98,683,617	$	539,714,264	$	204,381,963	$	10,534,860	$	853,314,704

OTHER_REAL_ESTATE_OWNED_Tables

OTHER REAL ESTATE OWNED (Tables)	3 Months Ended
	Mar. 31, 2015
OTHER REAL ESTATE OWNED
Schedule of transactions in other real estate owned during the period
	Three Months Ended March 31, 2015	Legacy		Acquired		Total
	Beginning balance	$	475,291	$	1,976,629	$	2,451,920
	Additional write down of real estate owned		—		-57,375		-57,375
	Sales/deposit on sales		—		-659,776		-659,776
	Net realized gain (loss) on sale of real estate owned		—		-134,754		-134,754
	Ending balance owned	$	475,291	$	1,124,724	$	1,600,015

EARNINGS_PER_COMMON_SHARE_Tabl

EARNINGS PER COMMON SHARE (Tables)	3 Months Ended
	Mar. 31, 2015
EARNINGS PER COMMON SHARE
Schedule of weighted average and dilutive average number of shares
		Three Months Ended
		March 31,
		2015	2014
	Weighted average number of shares	10,807,366	10,780,141
	Dilutive average number of shares	10,899,030	10,942,110

FAIR_VALUE_MEASUREMENT_Tables

FAIR VALUE MEASUREMENT (Tables)	3 Months Ended
	Mar. 31, 2015
Fair Value Measurement
Schedule of assets and liabilities measured at fair value on a recurring basis
		At March 31, 2015 (In thousands)
				Quoted Prices in		Other		Significant		Total Changes
				Active Markets for		Observable		Unobservable		in Fair Values
				Identical Assets		Inputs		Inputs		Included in
		Carrying Value		(Level 1)		(Level 2)		(Level 3)		Period Earnings
	Available-for-sale:
	Treasury securities	$	3,003	$	3,003	$	—	$	—	$	—
	U.S. government agency		38,319		—		38,319		—		—
	Municipal securities		42,371		—		42,371		—		—
	FHLMC MBS		19,833		—		19,833		—		—
	FNMA MBS		17,445		—		17,445		—		—
	GNMA MBS		31,722		—		31,722		—		—
	SBA loan pools		5,688		—		5,688		—		—
	Total recurring assets at fair value	$	158,381	$	3,003	$	155,378	$	—	$	—
		At December 31, 2014 (In thousands)
				Quoted Prices in		Other		Significant		Total Changes
				Active Markets for		Observable		Unobservable		in Fair Values
				Identical Assets		Inputs		Inputs		Included in
		Carrying Value		(Level 1)		(Level 2)		(Level 3)		Period Earnings
	Available-for-sale:
	Treasury securities	$	3,006	$	3,006	$	—	$	—	$	—
	U.S. government agency		37,656		—		37,656		—		—
	Municipal securities		43,546		—		43,546		—		—
	FHLMC MBS		20,471		—		20,471		—		—
	FNMA MBS		17,867		—		17,867		—		—
	GNMA MBS		33,139		—		33,139		—		—
	SBA loan pools		5,995		—		5,995		—		—
	Total recurring assets at fair value	$	161,680	$	3,006	$	158,674	$	—	$	—
Schedule of assets and liabilities measured at fair value on a nonrecurring basis
		At March 31, 2015 (In thousands)
				Quoted Prices in		Other		Significant
				Active Markets for		Observable		Unobservable
				Identical Assets		Inputs		Inputs
		Carrying Value		(Level 1)		(Level 2)		(Level 3)
	Impaired Loans
	Legacy:	$	1,143	$	—	$	—	$	1,143
	Acquired:		2,381		—		—		2,381
	Total Impaired Loans		3,524		—		—		3,524
	Other real estate owned:
	Legacy:		475		—		—		475
	Acquired:		1,125		—		—		1,125
	Total other real estate owned:		1,600		—		—		1,600
	Total	$	5,124	$	—	$	—	$	5,124
		At December 31, 2014 (In thousands)
				Quoted Prices in		Other		Significant
				Active Markets for		Observable		Unobservable
				Identical Assets		Inputs		Inputs
		Carrying Value		(Level 1)		(Level 2)		(Level 3)
	Impaired Loans
	Legacy:	$	4,805	$	—	$	—	$	4,805
	Acquired:		2,242		—		—		2,242
	Total Impaired Loans		7,047		—		—		7,047
	Other real estate owned:
	Legacy:		475		—		—	$	475
	Acquired:		1,977		—		—		1,977
	Total other real estate owned:		2,452		—		—		2,452
	Total	$	9,499	$	—	$	—	$	9,499
Schedule of estimated fair value of financial instruments
		March 31, 2015 (In thousands)
						Quoted Prices		Significant		Significant
				Total		in Active		Other		Other
		Carrying		Estimated		Markets for		Observable		Unobservable
		Amount		Fair		Identical Assets		Inputs		Inputs
		(000’s)		Value		(Level 1)		(Level 2)		(Level 3)
	Assets:
	Cash and cash equivalents	$	38,767	$	38,767	$	38,767	$	—	$	—
	Loans receivable, net		963,707		981,184		—		—		981,184
	Loans held for sale		8,692		9,008		—		9,008		—
	Investment securities available for sale		158,381		158,381		3,003		155,378		—
	Equity Securities at cost		3,353		3,353		—		3,353		—
	Bank Owned Life Insurance		31,643		31,643		—		31,643		—
	Accrued interest receivable		3,173		3,173		—		693		2,480
	Liabilities:
	Deposits:
	Non-interest-bearing		269,733		269,733		—		269,733		—
	Interest bearing		781,719		787,204		—		787,204		—
	Short term borrowings		71,236		71,236		—		71,236		—
	Long term borrowings		5,958		5,867		—		5,867		—
	Accrued Interest payable		284		284		—		284		—
		December 31, 2014 (In thousands)
						Quoted Prices		Significant		Significant
				Total		in Active		Other		Other
		Carrying		Estimated		Markets for		Observable		Unobservable
		Amount		Fair		Identical Assets		Inputs		Inputs
		(000’s)		Value		(Level 1)		(Level 2)		(Level 3)
	Assets:
	Cash and cash equivalents	$	25,405	$	25,405	$	25,405	$	—	$	—
	Loans receivable, net		926,573		935,397		—		—		935,397
	Loans held for sale		4,548		4,754		—		4,754		—
	Investment securities available for sale		161,680		161,680		3,006		158,674		—
	Equity Securities at cost		5,812		5,812		—		5,812		—
	Bank Owned Life Insurance		31,430		31,430		—		31,431		—
	Accrued interest receivable		3,218		3,218		—		883		2,335
	Liabilities:
	Deposits:
	Non-interest-bearing		260,914		260,914		—		260,914		—
	Interest bearing		754,826		760,503		—		760,503		—
	Short term borrowings		61,003		61,003		—		61,003		—
	Long term borrowings		5,987		5,987		—		5,987		—
	Accrued Interest payable		266		266		—		266		—

POINTER_RIDGE_OFFICE_INVESTMEN2

POINTER RIDGE OFFICE INVESTMENT, LLC (Details) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Condensed Balance Sheets
Liabilities	$1,137,514,463		$1,091,992,367
Equity	137,586,451		135,526,637
Condensed Statements of Income
Net income	2,745,433	1,814,367
Pointer Ridge
Pointer Ridge Office Investment, LLC
Ownership percentage	62.50%
Condensed Balance Sheets
Current assets	250,190		269,314
Non-current assets	6,384,597		6,433,380
Liabilities	5,958,485		6,003,139
Equity	676,303		699,555
Condensed Statements of Income
Revenue	243,277	238,991
Expenses	266,530	296,030
Net income	($23,253)	($57,039)
Pointer Ridge | One of the Directors [Member]
Pointer Ridge Office Investment, LLC
Ownership percentage	12.50%

INVESTMENT_SECURITIES_Details

INVESTMENT SECURITIES (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Investment securities
Amortized cost	$157,339,035	$161,923,365
Gross unrealized gains	1,613,466	1,359,421
Gross unrealized losses	-571,782	-1,602,588
Estimated fair value	158,380,719	161,680,198
U. S. treasury
Investment securities
Amortized cost	3,000,515	3,000,690
Gross unrealized gains	2,185	5,460
Estimated fair value	3,002,700	3,006,150
U.S. government agency
Investment securities
Amortized cost	38,545,387	38,594,843
Gross unrealized gains	20,466	15,851
Gross unrealized losses	-247,327	-954,362
Estimated fair value	38,318,526	37,656,332
Municipal securities
Investment securities
Amortized cost	41,325,292	42,662,399
Gross unrealized gains	1,073,996	980,452
Gross unrealized losses	-28,184	-96,690
Estimated fair value	42,371,104	43,546,161
FHLMC certificates
Investment securities
Amortized cost	19,587,745	20,323,394
Gross unrealized gains	245,605	150,735
Gross unrealized losses		-3,182
Estimated fair value	19,833,350	20,470,947
FNMA certificates
Investment securities
Amortized cost	17,359,782	17,898,497
Gross unrealized gains	121,158	61,472
Gross unrealized losses	-35,619	-93,163
Estimated fair value	17,445,321	17,866,806
GNMA certificates
Investment securities
Amortized cost	31,733,254	33,266,203
Gross unrealized gains	150,056	145,451
Gross unrealized losses	-161,174	-272,309
Estimated fair value	31,722,136	33,139,345
SBA loan pools
Investment securities
Amortized cost	5,787,060	6,177,339
Gross unrealized losses	-99,478	-182,882
Estimated fair value	$5,687,582	$5,994,457

INVESTMENT_SECURITIES_Details_

INVESTMENT SECURITIES (Details 2) (USD $)	3 Months Ended		12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
	security		security
Investment securities
Less than 12 months, Fair value	$5,039,062		$12,514,622
Less than 12 months, Unrealized losses	15,186		37,322
12 Months or More, Fair value	63,406,179		72,118,939
12 Months or More, Unrealized losses	556,596		1,565,266
Total, Fair value	68,445,241		84,633,561
Total, Unrealized losses	571,782		1,602,588
Gross realized gains and proceeds from sales or calls of investment securities
Number of securities in an unrealized loss position for greater than 12 months	46		57
Number of securities in an unrealized loss position for less than 12 months	8		12
Gains on sales or calls of investment securities	60,694
Sale of Investment Securities	0		0
Proceeds from sales, maturities or calls of investment securities	4,400,000	3,900,000
U.S. government agency
Investment securities
Less than 12 months, Fair value			1,492,650
Less than 12 months, Unrealized losses			6,543
12 Months or More, Fair value	33,201,911		32,497,194
12 Months or More, Unrealized losses	247,327		947,819
Total, Fair value	33,201,911		33,989,844
Total, Unrealized losses	247,327		954,362
Municipal securities
Investment securities
Less than 12 months, Fair value	1,590,453		2,054,635
Less than 12 months, Unrealized losses	5,739		19,397
12 Months or More, Fair value	2,030,963		4,617,972
12 Months or More, Unrealized losses	22,445		77,293
Total, Fair value	3,621,416		6,672,607
Total, Unrealized losses	28,184		96,690
Mortgage backed securities
Investment securities
Less than 12 months, Fair value	3,448,609		8,967,337
Less than 12 months, Unrealized losses	9,447		11,382
12 Months or More, Fair value	22,485,723		29,009,316
12 Months or More, Unrealized losses	187,346		357,272
Total, Fair value	25,934,332		37,976,653
Total, Unrealized losses	196,793		368,654
SBA loan pools
Investment securities
12 Months or More, Fair value	5,687,582		5,994,457
12 Months or More, Unrealized losses	99,478		182,882
Total, Fair value	5,687,582		5,994,457
Total, Unrealized losses	$99,478		$182,882

INVESTMENT_SECURITIES_Details_1

INVESTMENT SECURITIES (Details 3) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Available for Sale, Amortized cost
Within one year	$10,511,089
Over one to five years	83,303,546
Over five to ten years	53,947,794
Over ten years	9,576,606
Total available for sale, Amortized cost	157,339,035	161,923,365
Available for Sale, Fair value
Within one year	10,610,726
Over one to five years	83,998,901
Over five to ten years	54,226,573
Over ten years	9,544,519
Estimated fair value	158,380,719	161,680,198
Pledged securities
Amortized cost	40,498,598
Fair value	$40,502,865

LOANS_Details

LOANS (Details) (USD $)	3 Months Ended
	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014	Dec. 31, 2013
	item
Held-for-investment
Total before allowance and deferred loan cost	$967,059,201	$929,581,791
Allowance for loan losses	-4,636,048	-4,281,835	-4,881,939	-4,929,213
Deferred loan costs, net	1,283,385	1,273,532
Total Loans	963,706,538	926,573,488
Commercial real estate loans	628,600,000	600,700,000
Residential Loan Portfolio	218,100,000	211,500,000
Credit score required for loans sold in secondary market	640
Credit score required for loans sold in secondary market to veterans	620
Hospitality
Held-for-investment
Commercial real estate loans	90,900,000
Commercial Real Estate
Held-for-investment
Total before allowance and deferred loan cost	628,559,703
Allowance for loan losses	-2,594,659	-2,558,368
Financing Percentage Maximum	80
Commercial Real Estate | Owner Occupied
Held-for-investment
Total before allowance and deferred loan cost	220,464,437	220,614,855
Commercial Real Estate | Investment
Held-for-investment
Total before allowance and deferred loan cost	268,521,923	250,390,883
Commercial Real Estate | Hospitality
Held-for-investment
Total before allowance and deferred loan cost	90,867,216	84,662,560
Commercial Real Estate | Land and A&D
Held-for-investment
Total before allowance and deferred loan cost	48,706,127	45,046,259
Investor Real Estate [Member]
Held-for-investment
Financing Percentage Maximum	75
Residential Real Estate
Held-for-investment
Total before allowance and deferred loan cost	218,127,372
Allowance for loan losses	-1,238,113	-926,995	-566,703	-495,051
Credit Score Required	660
Residential Real Estate | Maximum
Held-for-investment
Loan to value ratio (as a percent)	85.00%
Debt to income ratio required (as a percent)	43.00%
Residential Real Estate | First Lien-Investment
Held-for-investment
Total before allowance and deferred loan cost	78,738,805	73,764,433
Residential Real Estate | First Lien-Owner Occupied
Held-for-investment
Total before allowance and deferred loan cost	83,409,369	83,065,128
Residential Real Estate | Residential Land and A&D
Held-for-investment
Total before allowance and deferred loan cost	32,316,562	30,748,902
Residential Real Estate | HELOC and Jr. Liens
Held-for-investment
Total before allowance and deferred loan cost	23,662,636	23,901,486
Single-family residential loans | Minimum
Held-for-investment
Loans, permissible amount under federal regulations	417,000
Single-family residential loans | Maximum
Held-for-investment
Loans, permissible amount under federal regulations	625,500
Commercial & Industrial Loans
Held-for-investment
Total before allowance and deferred loan cost	111,563,725	108,004,791
Consumer
Held-for-investment
Total before allowance and deferred loan cost	8,808,401	9,382,494
Allowance for loan losses	-41,605	-100,101
Commercial
Held-for-investment
Total before allowance and deferred loan cost	111,563,725
Allowance for loan losses	-761,671	-696,371	-3,590,498	-3,569,395
Minimum threshold amount of loan for which financial condition and operating performance of the borrower is monitored	250,000
Legacy
Held-for-investment
Total before allowance and deferred loan cost	795,531,999	749,967,997
Allowance for loan losses	-4,127,669	-4,261,835
Deferred loan costs, net	1,283,385	1,283,455
Total Loans	792,687,715	746,989,617
Number of components segmented in loan portfolio	2
Legacy | Commercial Real Estate | Owner Occupied
Held-for-investment
Total before allowance and deferred loan cost	193,023,154	192,723,718
Legacy | Commercial Real Estate | Investment
Held-for-investment
Total before allowance and deferred loan cost	227,271,036	208,766,058
Legacy | Commercial Real Estate | Hospitality
Held-for-investment
Total before allowance and deferred loan cost	82,633,703	76,342,916
Legacy | Commercial Real Estate | Land and A&D
Held-for-investment
Total before allowance and deferred loan cost	43,947,550	40,260,506
Legacy | Residential Real Estate | First Lien-Investment
Held-for-investment
Total before allowance and deferred loan cost	57,189,916	49,578,862
Legacy | Residential Real Estate | First Lien-Owner Occupied
Held-for-investment
Total before allowance and deferred loan cost	34,636,616	31,822,773
Legacy | Residential Real Estate | Residential Land and A&D
Held-for-investment
Total before allowance and deferred loan cost	24,256,462	22,239,663
Legacy | Residential Real Estate | HELOC and Jr. Liens
Held-for-investment
Total before allowance and deferred loan cost	20,884,878	20,854,737
Legacy | Commercial & Industrial Loans
Held-for-investment
Total before allowance and deferred loan cost	103,188,657	98,310,009
Legacy | Consumer
Held-for-investment
Total before allowance and deferred loan cost	8,500,027	9,068,755
Acquired
Held-for-investment
Total before allowance and deferred loan cost	171,527,202	179,613,794	853,314,704
Allowance for loan losses	-508,379	-20,000
Deferred loan costs, net		-9,923
Total Loans	171,018,823	179,583,871
Acquired | Commercial Real Estate | Owner Occupied
Held-for-investment
Total before allowance and deferred loan cost	27,441,283	27,891,137
Acquired | Commercial Real Estate | Investment
Held-for-investment
Total before allowance and deferred loan cost	41,250,887	41,624,825
Acquired | Commercial Real Estate | Hospitality
Held-for-investment
Total before allowance and deferred loan cost	8,233,513	8,319,644
Acquired | Commercial Real Estate | Land and A&D
Held-for-investment
Total before allowance and deferred loan cost	4,758,577	4,785,753
Acquired | Residential Real Estate
Held-for-investment
Total before allowance and deferred loan cost			98,683,617
Acquired | Residential Real Estate | First Lien-Investment
Held-for-investment
Total before allowance and deferred loan cost	21,548,889	24,185,571
Acquired | Residential Real Estate | First Lien-Owner Occupied
Held-for-investment
Total before allowance and deferred loan cost	48,772,753	51,242,355
Acquired | Residential Real Estate | Residential Land and A&D
Held-for-investment
Total before allowance and deferred loan cost	8,060,100	8,509,239
Acquired | Residential Real Estate | HELOC and Jr. Liens
Held-for-investment
Total before allowance and deferred loan cost	2,777,758	3,046,749
Acquired | Commercial & Industrial Loans
Held-for-investment
Total before allowance and deferred loan cost	8,375,068	9,694,782
Acquired | Consumer
Held-for-investment
Total before allowance and deferred loan cost	308,374	313,739
Acquired | Commercial
Held-for-investment
Total before allowance and deferred loan cost			$539,714,264

LOANS_Details_2

LOANS (Details 2) (USD $)	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014
Aging analysis of the loan held for investment portfolio
Current	$959,531,787	$920,107,077
Accruing past due loans:
Total 30-89 days past due	3,904,279	3,962,184
Total 90 or more days past due		305,323
Total accruing past due loans	3,904,279	4,267,507
Total Recorded Investment Non-accruing past due loans:	3,623,135	5,207,207
Total loans	967,059,201	929,581,791
Investment
Accruing past due loans:
Total 30-89 days past due	117,000
Commercial Real Estate
Accruing past due loans:
Total loans	628,559,703
Commercial Real Estate | Owner Occupied
Accruing past due loans:
Total Recorded Investment Non-accruing past due loans:	74,031	1,905,392
Total loans	220,464,437	220,614,855
Commercial Real Estate | Investment
Accruing past due loans:
Total 30-89 days past due		572,565
Total Recorded Investment Non-accruing past due loans:	206,050
Total loans	268,521,923	250,390,883
Commercial Real Estate | Hospitality
Accruing past due loans:
Total loans	90,867,216	84,662,560
Commercial Real Estate | Land and A&D
Accruing past due loans:
Total loans	48,706,127	45,046,259
Residential Real Estate
Accruing past due loans:
Total loans	218,127,372
Residential Real Estate | First Lien-Investment
Accruing past due loans:
Total 30-89 days past due	788,134	486,960
Total Recorded Investment Non-accruing past due loans:	479,205	423,999
Total loans	78,738,805	73,764,433
Residential Real Estate | First Lien-Owner Occupied
Accruing past due loans:
Total 30-89 days past due	2,645,012	1,423,752
Total 90 or more days past due		305,323
Total Recorded Investment Non-accruing past due loans:	1,092,690	795,920
Total loans	83,409,369	83,065,128
Residential Real Estate | Residential Land and A&D
Accruing past due loans:
Total 30-89 days past due		168,875
Total Recorded Investment Non-accruing past due loans:	795,300	795,300
Total loans	32,316,562	30,748,902
Residential Real Estate | HELOC and Jr. Liens
Accruing past due loans:
Total 30-89 days past due		87,703
Total loans	23,662,636	23,901,486
Commercial
Accruing past due loans:
Total 30-89 days past due	212,964	1,213,021
Total Recorded Investment Non-accruing past due loans:	975,859	1,165,955
Total loans	111,563,725
Consumer
Accruing past due loans:
Total 30-89 days past due	141,169	9,308
Total Recorded Investment Non-accruing past due loans:		120,641
Total loans	8,808,401	9,382,494
Legacy
Aging analysis of the loan held for investment portfolio
Current	793,576,140	746,375,748
Accruing past due loans:
Total 30-89 days past due	850,911	342,704
Total accruing past due loans	850,911	342,704
Total Recorded Investment Non-accruing past due loans:	1,104,948	3,249,545
Total loans	795,531,999	749,967,997
Legacy | Commercial Real Estate | Owner Occupied
Accruing past due loans:
Total Recorded Investment Non-accruing past due loans:	18,530	1,849,685
Total loans	193,023,154	192,723,718
Legacy | Commercial Real Estate | Investment
Accruing past due loans:
Total 30-89 days past due	117,000
Total loans	227,271,036	208,766,058
Legacy | Commercial Real Estate | Hospitality
Accruing past due loans:
Total loans	82,633,703	76,342,916
Legacy | Commercial Real Estate | Land and A&D
Accruing past due loans:
Total loans	43,947,550	40,260,506
Legacy | Residential Real Estate | First Lien-Investment
Accruing past due loans:
Total 30-89 days past due	427,652	297,221
Total Recorded Investment Non-accruing past due loans:	110,559	113,264
Total loans	57,189,916	49,578,862
Legacy | Residential Real Estate | First Lien-Owner Occupied
Accruing past due loans:
Total loans	34,636,616	31,822,773
Legacy | Residential Real Estate | Residential Land and A&D
Accruing past due loans:
Total loans	24,256,462	22,239,663
Legacy | Residential Real Estate | HELOC and Jr. Liens
Accruing past due loans:
Total loans	20,884,878	20,854,737
Legacy | Commercial
Accruing past due loans:
Total 30-89 days past due	169,266	45,483
Total Recorded Investment Non-accruing past due loans:	975,859	1,165,955
Legacy | Consumer
Accruing past due loans:
Total 30-89 days past due	136,993
Total Recorded Investment Non-accruing past due loans:		120,641
Total loans	8,500,027	9,068,755
Acquired
Aging analysis of the loan held for investment portfolio
Current	165,955,647	173,731,329
Accruing past due loans:
Total 30-89 days past due	3,053,368	3,619,480
Total 90 or more days past due		305,323
Total accruing past due loans	3,053,368	3,924,803
Total Recorded Investment Non-accruing past due loans:	2,518,187	1,957,662
Total loans	171,527,202	179,613,794	853,314,704
Acquired | Commercial Real Estate | Owner Occupied
Accruing past due loans:
Total accruing past due loans	55,501	55,707
Total loans	27,441,283	27,891,137
Acquired | Commercial Real Estate | Investment
Accruing past due loans:
Total 30-89 days past due		572,565
Total Recorded Investment Non-accruing past due loans:	206,050
Total loans	41,250,887	41,624,825
Acquired | Commercial Real Estate | Hospitality
Accruing past due loans:
Total loans	8,233,513	8,319,644
Acquired | Commercial Real Estate | Land and A&D
Accruing past due loans:
Total loans	4,758,577	4,785,753
Acquired | Residential Real Estate
Accruing past due loans:
Total loans			98,683,617
Acquired | Residential Real Estate | First Lien-Investment
Accruing past due loans:
Total 30-89 days past due	360,482	189,739
Total accruing past due loans	368,646	310,735
Total loans	21,548,889	24,185,571
Acquired | Residential Real Estate | First Lien-Owner Occupied
Accruing past due loans:
Total 30-89 days past due	2,645,012	1,423,752
Total 90 or more days past due		305,323
Total Recorded Investment Non-accruing past due loans:	1,092,690	795,920
Total loans	48,772,753	51,242,355
Acquired | Residential Real Estate | Residential Land and A&D
Accruing past due loans:
Total 30-89 days past due		168,875
Total Recorded Investment Non-accruing past due loans:	795,300	795,300
Total loans	8,060,100	8,509,239
Acquired | Residential Real Estate | HELOC and Jr. Liens
Accruing past due loans:
Total 30-89 days past due		87,703
Total loans	2,777,758	3,046,749
Acquired | Commercial
Accruing past due loans:
Total 30-89 days past due	43,698	1,167,538
Total loans			539,714,264
Acquired | Consumer
Accruing past due loans:
Total 30-89 days past due	4,176	9,308
Total loans	$308,374	$313,739

LOANS_Details_3

LOANS (Details 3) (USD $)	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Unpaid Principal Balance
Total	$7,325,369	$8,055,181
Recorded Investment
Total	5,357,069	7,283,210
Related Allowance
Total	640,059	235,540
Average Recorded Investment
Total	11,705,954	7,924,449
Interest Income Recognized
Total	8,584	153,676
Legacy
Unpaid Principal Balance
Total	4,399,542	5,020,847
Recorded Investment
Total	2,836,878	5,020,847
Related Allowance
Total	131,681	215,540
Average Recorded Investment
Total	6,008,739	5,000,728
Interest Income Recognized
Total	8,584	95,888
Legacy | Commercial Real Estate
Unpaid Principal Balance
With an allowance recorded	1,759,281
Recorded Investment
With an allowance recorded	456,798
Related Allowance
Total	113,151
Average Recorded Investment
With an allowance recorded	1,282,317
Interest Income Recognized
With an allowance recorded	2,631
Legacy | Commercial Real Estate | Owner Occupied
Unpaid Principal Balance
With no related allowance recorded	260,181	2,113,173
With an allowance recorded	278,711
Recorded Investment
With no related allowance recorded	260,181	2,113,173
With an allowance recorded	18,530
Related Allowance
Total	18,530
Average Recorded Investment
With no related allowance recorded	261,197	2,111,733
With an allowance recorded	39,526
Interest Income Recognized
With no related allowance recorded	1,123	18,318
Legacy | Commercial Real Estate | Investment
Unpaid Principal Balance
With no related allowance recorded	1,302,483	1,319,280
Recorded Investment
With no related allowance recorded	1,302,483	1,319,280
Average Recorded Investment
With no related allowance recorded	1,308,729	1,315,243
Interest Income Recognized
With no related allowance recorded	4,830	58,664
Legacy | Residential Real Estate | First Lien-Investment
Unpaid Principal Balance
With no related allowance recorded	110,559	113,264
Recorded Investment
With no related allowance recorded	110,559	113,264
Average Recorded Investment
With no related allowance recorded	333,990	112,027
Legacy | Commercial
Unpaid Principal Balance
With no related allowance recorded	688,327	979,039
With an allowance recorded		375,450
Recorded Investment
With no related allowance recorded	688,327	979,039
With an allowance recorded		375,450
Related Allowance
Total		159,040
Average Recorded Investment
With no related allowance recorded	2,782,980	975,224
With an allowance recorded		365,860
Interest Income Recognized
With no related allowance recorded		4,767
With an allowance recorded		13,101
Legacy | Consumer
Unpaid Principal Balance
With an allowance recorded		120,641
Recorded Investment
With an allowance recorded		120,641
Related Allowance
Total		56,500
Average Recorded Investment
With an allowance recorded		120,641
Interest Income Recognized
With an allowance recorded		1,038
Acquired
Unpaid Principal Balance
Total	2,925,827	3,034,334
Recorded Investment
Total	2,520,191	2,262,363
Related Allowance
Total	508,378	20,000
Average Recorded Investment
Total	5,697,215	2,923,721
Interest Income Recognized
Total		57,788
Acquired | Commercial Real Estate | Owner Occupied
Unpaid Principal Balance
With no related allowance recorded	48,359	48,359
Recorded Investment
With no related allowance recorded	55,501	55,706
Average Recorded Investment
With no related allowance recorded	48,359	48,359
Interest Income Recognized
With no related allowance recorded		1,742
Acquired | Commercial Real Estate | Investment
Unpaid Principal Balance
With an allowance recorded	210,311
Recorded Investment
With an allowance recorded	206,050
Related Allowance
Total	51,512
Average Recorded Investment
With an allowance recorded	210,311
Acquired | Commercial Real Estate | Land and A&D
Unpaid Principal Balance
With no related allowance recorded		1,309,568
With an allowance recorded	830,949	223,336
Recorded Investment
With no related allowance recorded		595,300
With an allowance recorded	795,300	200,000
Related Allowance
Total	360,500	20,000
Average Recorded Investment
With no related allowance recorded		1,201,246
With an allowance recorded	1,500,958	223,536
Interest Income Recognized
With no related allowance recorded		8,357
With an allowance recorded		10,529
Acquired | Residential Real Estate | Owner Occupied
Unpaid Principal Balance
With no related allowance recorded		1,058,125
Recorded Investment
With no related allowance recorded		1,016,765
Average Recorded Investment
With no related allowance recorded		1,055,774
Interest Income Recognized
With no related allowance recorded		17,782
Acquired | Residential Real Estate | Investment
Unpaid Principal Balance
With no related allowance recorded		311,089
Recorded Investment
With no related allowance recorded		310,735
Average Recorded Investment
With no related allowance recorded		311,089
Interest Income Recognized
With no related allowance recorded		14,866
Acquired | Residential Real Estate | Land and A&D
Unpaid Principal Balance
With no related allowance recorded	62,613
Average Recorded Investment
With no related allowance recorded	666,149
Acquired | Residential Real Estate | First Lien-Investment
Unpaid Principal Balance
With no related allowance recorded	312,293
With an allowance recorded	57,001
Recorded Investment
With no related allowance recorded	310,849
With an allowance recorded	57,797
Related Allowance
Total	14,449
Average Recorded Investment
With no related allowance recorded	1,041,098
With an allowance recorded	57,001
Acquired | Residential Real Estate | First Lien-Owner Occupied
Unpaid Principal Balance
With no related allowance recorded	1,050,254
With an allowance recorded	354,047
Recorded Investment
With no related allowance recorded	225,928
With an allowance recorded	868,766
Related Allowance
Total	81,917
Average Recorded Investment
With no related allowance recorded	756,380
With an allowance recorded	1,416,959
Acquired | Commercial
Unpaid Principal Balance
With no related allowance recorded		83,857
Recorded Investment
With no related allowance recorded		83,857
Average Recorded Investment
With no related allowance recorded		83,717
Interest Income Recognized
With no related allowance recorded		$4,512

LOANS_Details_4

LOANS (Details 4) (USD $)	3 Months Ended		12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
	item	item	item
Troubled debt restructurings
Number of loans modified as TDR	0	0
Number of loans that have been modified as troubled debt restructurings that defaulted	0
Restructured loans
Troubled debt restructurings
Number of Contracts	4		4
Pre-Modification Outstanding Recorded Investment	583		$589

LOANS_Details_5

LOANS (Details 5) (USD $)	3 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014	Dec. 31, 2013	Dec. 31, 2015
Accretable Yield
Contractually Required Payments Receivable	$9,872,653	$10,658,840	$11,884,789	$12,482,792
Carrying Amount	7,887,269	7,994,604	8,456,379	8,742,777
Change in allowance for loan losses for General Reserves due to exceeding of credit mark	0
Change in allowance for loan losses due to exceeding of credit mark for estimate of loss exposure	0
Acquired
Accretable Yield
Beginning balance	40,771		-21,949		-31,551
Accreted of fair value discounts	-189,886	-299,629
Reclassification from non-accretable	191,171	236,909
Ending balance	($30,266)	$40,771	($21,949)		($31,551)

LOANS_Details_6

LOANS (Details 6) (USD $)	3 Months Ended
	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014
Credit quality indicators
Account balance	967,059,201	$929,581,791
Commercial Real Estate
Credit quality indicators
Account balance	628,559,703
Commercial Real Estate | Owner Occupied
Credit quality indicators
Account balance	220,464,437	220,614,855
Commercial Real Estate | Investment
Credit quality indicators
Account balance	268,521,923	250,390,883
Commercial Real Estate | Hospitality
Credit quality indicators
Account balance	90,867,216	84,662,560
Commercial Real Estate | Land and A&D
Credit quality indicators
Account balance	48,706,127	45,046,259
Residential Real Estate
Credit quality indicators
Account balance	218,127,372
Residential Real Estate | First Lien-Investment
Credit quality indicators
Account balance	78,738,805	73,764,433
Residential Real Estate | First Lien-Owner Occupied
Credit quality indicators
Account balance	83,409,369	83,065,128
Residential Real Estate | Residential Land and A&D
Credit quality indicators
Account balance	32,316,562	30,748,902
Residential Real Estate | HELOC and Jr. Liens
Credit quality indicators
Account balance	23,662,636	23,901,486
Commercial
Credit quality indicators
Account balance	111,563,725
Consumer
Credit quality indicators
Account balance	8,808,401	9,382,494
Installment and other consumer loans and real estate loans
Credit quality indicators
Loss ratio period considered	3 years
Risk rated 1 - 5 at acquisition
Credit quality indicators
Account balance	939,718,243	898,270,756
Risk rated 1 - 5 at acquisition | Commercial Real Estate | Owner Occupied
Credit quality indicators
Account balance	215,922,182	214,176,387
Risk rated 1 - 5 at acquisition | Commercial Real Estate | Investment
Credit quality indicators
Account balance	264,355,617	245,419,025
Risk rated 1 - 5 at acquisition | Commercial Real Estate | Hospitality
Credit quality indicators
Account balance	90,867,216	84,662,560
Risk rated 1 - 5 at acquisition | Commercial Real Estate | Land and A&D
Credit quality indicators
Account balance	45,609,392	41,647,168
Risk rated 1 - 5 at acquisition | Residential Real Estate | First Lien-Investment
Credit quality indicators
Account balance	75,954,935	71,009,258
Risk rated 1 - 5 at acquisition | Residential Real Estate | First Lien-Owner Occupied
Credit quality indicators
Account balance	79,328,223	79,212,507
Risk rated 1 - 5 at acquisition | Residential Real Estate | Residential Land and A&D
Credit quality indicators
Account balance	28,537,196	26,998,064
Risk rated 1 - 5 at acquisition | Residential Real Estate | HELOC and Jr. Liens
Credit quality indicators
Account balance	23,655,714	23,894,320
Risk rated 1 - 5 at acquisition | Commercial
Credit quality indicators
Account balance	106,679,367	101,665,637
Risk rated 1 - 5 at acquisition | Consumer
Credit quality indicators
Account balance	8,808,401	9,585,830
Risk rated 6 at acquisition
Credit quality indicators
Account balance	17,100,734	19,454,033
Risk rated 6 at acquisition | Commercial Real Estate | Owner Occupied
Credit quality indicators
Account balance	2,765,647	2,801,467
Risk rated 6 at acquisition | Commercial Real Estate | Investment
Credit quality indicators
Account balance	1,904,405	2,578,560
Risk rated 6 at acquisition | Commercial Real Estate | Land and A&D
Credit quality indicators
Account balance	3,096,735	3,399,091
Risk rated 6 at acquisition | Residential Real Estate | First Lien-Investment
Credit quality indicators
Account balance	1,838,702	1,851,881
Risk rated 6 at acquisition | Residential Real Estate | First Lien-Owner Occupied
Credit quality indicators
Account balance	2,384,457	2,449,773
Risk rated 6 at acquisition | Residential Real Estate | Residential Land and A&D
Credit quality indicators
Account balance	2,333,519	2,347,890
Risk rated 6 at acquisition | Residential Real Estate | HELOC and Jr. Liens
Credit quality indicators
Account balance	6,922	7,166
Risk rated 6 at acquisition | Commercial
Credit quality indicators
Account balance	2,770,347	4,018,205
Risk rated 7 at acquisition
Credit quality indicators
Account balance	10,240,224	11,857,002
Risk rated 7 at acquisition | Commercial Real Estate | Owner Occupied
Credit quality indicators
Account balance	1,776,609	3,637,001
Risk rated 7 at acquisition | Commercial Real Estate | Investment
Credit quality indicators
Account balance	2,261,901	2,069,322
Risk rated 7 at acquisition | Residential Real Estate | First Lien-Investment
Credit quality indicators
Account balance	945,168	903,294
Risk rated 7 at acquisition | Residential Real Estate | First Lien-Owner Occupied
Credit quality indicators
Account balance	1,696,688	1,402,848
Risk rated 7 at acquisition | Residential Real Estate | Residential Land and A&D
Credit quality indicators
Account balance	1,445,847	1,402,947
Risk rated 7 at acquisition | Commercial
Credit quality indicators
Account balance	2,114,011	2,320,949
Risk rated 7 at acquisition | Consumer
Credit quality indicators
Account balance		120,641
Legacy
Credit quality indicators
Account balance	795,531,999	749,967,997
Legacy | Commercial Real Estate | Owner Occupied
Credit quality indicators
Account balance	193,023,154	192,723,718
Legacy | Commercial Real Estate | Investment
Credit quality indicators
Account balance	227,271,036	208,766,058
Legacy | Commercial Real Estate | Hospitality
Credit quality indicators
Account balance	82,633,703	76,342,916
Legacy | Commercial Real Estate | Land and A&D
Credit quality indicators
Account balance	43,947,550	40,260,506
Legacy | Residential Real Estate | First Lien-Investment
Credit quality indicators
Account balance	57,189,916	49,578,862
Legacy | Residential Real Estate | First Lien-Owner Occupied
Credit quality indicators
Account balance	34,636,616	31,822,773
Legacy | Residential Real Estate | Residential Land and A&D
Credit quality indicators
Account balance	24,256,462	22,239,663
Legacy | Residential Real Estate | HELOC and Jr. Liens
Credit quality indicators
Account balance	20,884,878	20,854,737
Legacy | Consumer
Credit quality indicators
Account balance	8,500,027	9,068,755
Legacy | Risk rated 1 - 5 at acquisition
Credit quality indicators
Account balance	783,151,953	733,868,509
Legacy | Risk rated 1 - 5 at acquisition | Commercial Real Estate | Owner Occupied
Credit quality indicators
Account balance	191,524,061	189,360,330
Legacy | Risk rated 1 - 5 at acquisition | Commercial Real Estate | Investment
Credit quality indicators
Account balance	224,731,628	205,395,067
Legacy | Risk rated 1 - 5 at acquisition | Commercial Real Estate | Hospitality
Credit quality indicators
Account balance	82,633,703	76,342,916
Legacy | Risk rated 1 - 5 at acquisition | Commercial Real Estate | Land and A&D
Credit quality indicators
Account balance	41,205,987	37,227,339
Legacy | Risk rated 1 - 5 at acquisition | Residential Real Estate | First Lien-Investment
Credit quality indicators
Account balance	55,886,496	48,263,092
Legacy | Risk rated 1 - 5 at acquisition | Residential Real Estate | First Lien-Owner Occupied
Credit quality indicators
Account balance	34,555,183	31,740,158
Legacy | Risk rated 1 - 5 at acquisition | Residential Real Estate | Residential Land and A&D
Credit quality indicators
Account balance	22,621,823	20,601,936
Legacy | Risk rated 1 - 5 at acquisition | Residential Real Estate | HELOC and Jr. Liens
Credit quality indicators
Account balance	20,877,956	20,847,571
Legacy | Risk rated 1 - 5 at acquisition | Commercial
Credit quality indicators
Account balance	100,615,089	94,818,009
Legacy | Risk rated 1 - 5 at acquisition | Consumer
Credit quality indicators
Account balance	8,500,027	9,272,091
Legacy | Risk rated 6 at acquisition
Credit quality indicators
Account balance	8,675,771	10,199,147
Legacy | Risk rated 6 at acquisition | Commercial Real Estate | Owner Occupied
Credit quality indicators
Account balance	352,985	357,092
Legacy | Risk rated 6 at acquisition | Commercial Real Estate | Investment
Credit quality indicators
Account balance	1,236,925	1,731,771
Legacy | Risk rated 6 at acquisition | Commercial Real Estate | Land and A&D
Credit quality indicators
Account balance	2,741,563	3,033,167
Legacy | Risk rated 6 at acquisition | Residential Real Estate | First Lien-Investment
Credit quality indicators
Account balance	1,192,861	1,202,506
Legacy | Risk rated 6 at acquisition | Residential Real Estate | First Lien-Owner Occupied
Credit quality indicators
Account balance	81,433	82,616
Legacy | Risk rated 6 at acquisition | Residential Real Estate | Residential Land and A&D
Credit quality indicators
Account balance	1,634,639	1,637,727
Legacy | Risk rated 6 at acquisition | Residential Real Estate | HELOC and Jr. Liens
Credit quality indicators
Account balance	6,922	7,166
Legacy | Risk rated 6 at acquisition | Commercial
Credit quality indicators
Account balance	1,428,443	2,147,102
Legacy | Risk rated 7 at acquisition
Credit quality indicators
Account balance	3,704,275	5,900,341
Legacy | Risk rated 7 at acquisition | Commercial Real Estate | Owner Occupied
Credit quality indicators
Account balance	1,146,108	3,006,294
Legacy | Risk rated 7 at acquisition | Commercial Real Estate | Investment
Credit quality indicators
Account balance	1,302,483	1,315,243
Legacy | Risk rated 7 at acquisition | Residential Real Estate | First Lien-Investment
Credit quality indicators
Account balance	110,559	113,264
Legacy | Risk rated 7 at acquisition | Commercial
Credit quality indicators
Account balance	1,145,125	1,344,899
Legacy | Risk rated 7 at acquisition | Consumer
Credit quality indicators
Account balance		120,641
Acquired
Credit quality indicators
Account balance	171,527,202	179,613,794	853,314,704
Acquired | Commercial Real Estate | Owner Occupied
Credit quality indicators
Account balance	27,441,283	27,891,137
Acquired | Commercial Real Estate | Investment
Credit quality indicators
Account balance	41,250,887	41,624,825
Acquired | Commercial Real Estate | Hospitality
Credit quality indicators
Account balance	8,233,513	8,319,644
Acquired | Commercial Real Estate | Land and A&D
Credit quality indicators
Account balance	4,758,577	4,785,753
Acquired | Residential Real Estate
Credit quality indicators
Account balance			98,683,617
Acquired | Residential Real Estate | First Lien-Investment
Credit quality indicators
Account balance	21,548,889	24,185,571
Acquired | Residential Real Estate | First Lien-Owner Occupied
Credit quality indicators
Account balance	48,772,753	51,242,355
Acquired | Residential Real Estate | Residential Land and A&D
Credit quality indicators
Account balance	8,060,100	8,509,239
Acquired | Residential Real Estate | HELOC and Jr. Liens
Credit quality indicators
Account balance	2,777,758	3,046,749
Acquired | Commercial
Credit quality indicators
Account balance			539,714,264
Acquired | Consumer
Credit quality indicators
Account balance	308,374	313,739
Acquired | Risk rated 1 - 5 at acquisition
Credit quality indicators
Account balance	156,566,290	164,402,247
Acquired | Risk rated 1 - 5 at acquisition | Commercial Real Estate | Owner Occupied
Credit quality indicators
Account balance	24,398,121	24,816,057
Acquired | Risk rated 1 - 5 at acquisition | Commercial Real Estate | Investment
Credit quality indicators
Account balance	39,623,989	40,023,958
Acquired | Risk rated 1 - 5 at acquisition | Commercial Real Estate | Hospitality
Credit quality indicators
Account balance	8,233,513	8,319,644
Acquired | Risk rated 1 - 5 at acquisition | Commercial Real Estate | Land and A&D
Credit quality indicators
Account balance	4,403,405	4,419,829
Acquired | Risk rated 1 - 5 at acquisition | Residential Real Estate | First Lien-Investment
Credit quality indicators
Account balance	20,068,439	22,746,166
Acquired | Risk rated 1 - 5 at acquisition | Residential Real Estate | First Lien-Owner Occupied
Credit quality indicators
Account balance	44,773,040	47,472,349
Acquired | Risk rated 1 - 5 at acquisition | Residential Real Estate | Residential Land and A&D
Credit quality indicators
Account balance	5,915,373	6,396,128
Acquired | Risk rated 1 - 5 at acquisition | Residential Real Estate | HELOC and Jr. Liens
Credit quality indicators
Account balance	2,777,758	3,046,749
Acquired | Risk rated 1 - 5 at acquisition | Commercial
Credit quality indicators
Account balance	6,064,278	6,847,628
Acquired | Risk rated 1 - 5 at acquisition | Consumer
Credit quality indicators
Account balance	308,374	313,739
Acquired | Risk rated 6 at acquisition
Credit quality indicators
Account balance	8,424,963	9,254,886
Acquired | Risk rated 6 at acquisition | Commercial Real Estate | Owner Occupied
Credit quality indicators
Account balance	2,412,662	2,444,375
Acquired | Risk rated 6 at acquisition | Commercial Real Estate | Investment
Credit quality indicators
Account balance	667,480	846,789
Acquired | Risk rated 6 at acquisition | Commercial Real Estate | Land and A&D
Credit quality indicators
Account balance	355,172	365,924
Acquired | Risk rated 6 at acquisition | Residential Real Estate | First Lien-Investment
Credit quality indicators
Account balance	645,841	649,375
Acquired | Risk rated 6 at acquisition | Residential Real Estate | First Lien-Owner Occupied
Credit quality indicators
Account balance	2,303,024	2,367,157
Acquired | Risk rated 6 at acquisition | Residential Real Estate | Residential Land and A&D
Credit quality indicators
Account balance	698,880	710,163
Acquired | Risk rated 6 at acquisition | Commercial
Credit quality indicators
Account balance	1,341,904	1,871,103
Acquired | Risk rated 7 at acquisition
Credit quality indicators
Account balance	6,535,949	5,956,661
Acquired | Risk rated 7 at acquisition | Commercial Real Estate | Owner Occupied
Credit quality indicators
Account balance	630,501	630,707
Acquired | Risk rated 7 at acquisition | Commercial Real Estate | Investment
Credit quality indicators
Account balance	959,418	754,079
Acquired | Risk rated 7 at acquisition | Residential Real Estate | First Lien-Investment
Credit quality indicators
Account balance	834,609	790,030
Acquired | Risk rated 7 at acquisition | Residential Real Estate | First Lien-Owner Occupied
Credit quality indicators
Account balance	1,696,688	1,402,848
Acquired | Risk rated 7 at acquisition | Residential Real Estate | Residential Land and A&D
Credit quality indicators
Account balance	1,445,847	1,402,947
Acquired | Risk rated 7 at acquisition | Commercial
Credit quality indicators
Account balance	968,886	$976,050

LOANS_Details_7

LOANS (Details 7) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Activity in the allowance for loan losses
Beginning balance	$4,281,835	$4,929,213
General provision for loan losses	561,731	338,570
Provision (credit ) for loan losses for loans acquired with deteriorated credit quality		-68,801
Recoveries	31,723	14,232
Allowance for loan losses before charge offs	4,875,289	5,213,214
Loans charged off	-239,241	-331,275
Ending Balance	4,636,048	4,881,939
Amount allocated to:
Ending balance	4,636,048	4,881,939
Legacy
Activity in the allowance for loan losses
Beginning balance			4,261,835
Ending Balance	4,127,669		4,261,835
Amount allocated to:
Individually evaluated for impairment	131,681	1,571,006
Other loans not individually evaluated	3,995,989	2,848,127
Ending balance	4,127,669		4,261,835
Acquired
Activity in the allowance for loan losses
Beginning balance			20,000
Ending Balance	508,379		20,000
Amount allocated to:
Individually evaluated for impairment	508,378	462,806
Ending balance	508,379		20,000
Commercial
Activity in the allowance for loan losses
Beginning balance	696,371	3,569,395
General provision for loan losses	247,099	159,543
Provision (credit ) for loan losses for loans acquired with deteriorated credit quality		-138,480
Recoveries	942	40
Allowance for loan losses before charge offs	944,412	3,590,498
Loans charged off	-182,741
Ending Balance	761,671	3,590,498
Amount allocated to:
Ending balance	761,671	3,590,498
Commercial | Legacy
Amount allocated to:
Individually evaluated for impairment	113,151	1,385,160
Other loans not individually evaluated	648,520	2,205,338
Commercial Real Estate
Activity in the allowance for loan losses
Beginning balance	2,558,368
General provision for loan losses	36,271
Recoveries	20
Allowance for loan losses before charge offs	2,594,659
Ending Balance	2,594,659
Amount allocated to:
Ending balance	2,594,659
Commercial Real Estate | Legacy
Amount allocated to:
Other loans not individually evaluated	2,543,147
Commercial Real Estate | Acquired
Amount allocated to:
Individually evaluated for impairment	51,512
Residential Real Estate
Activity in the allowance for loan losses
Beginning balance	926,995	495,051
General provision for loan losses	357,460	76,063
Provision (credit ) for loan losses for loans acquired with deteriorated credit quality		-5,907
Recoveries	10,158	2,496
Allowance for loan losses before charge offs	1,294,613	567,703
Loans charged off	-56,500	-1,000
Ending Balance	1,238,113	566,703
Amount allocated to:
Ending balance	1,238,113	566,703
Residential Real Estate | Legacy
Amount allocated to:
Individually evaluated for impairment	18,530	185,846
Other loans not individually evaluated	762,717	101,821
Residential Real Estate | Acquired
Amount allocated to:
Individually evaluated for impairment	456,866	279,036
Consumer
Activity in the allowance for loan losses
Beginning balance	100,101
General provision for loan losses	-79,099
Recoveries	20,603
Allowance for loan losses before charge offs	41,605
Ending Balance	41,605
Amount allocated to:
Ending balance	41,605
Consumer | Legacy
Amount allocated to:
Other loans not individually evaluated	41,605
Boats
Activity in the allowance for loan losses
Beginning balance		841,234
General provision for loan losses		91,713
Provision (credit ) for loan losses for loans acquired with deteriorated credit quality		75,586
Recoveries		7,670
Allowance for loan losses before charge offs		1,016,203
Loans charged off		-320,006
Ending Balance		696,197
Amount allocated to:
Ending balance		696,197
Boats | Legacy
Amount allocated to:
Other loans not individually evaluated		512,427
Boats | Acquired
Amount allocated to:
Individually evaluated for impairment		183,770
Other Consumer
Activity in the allowance for loan losses
Beginning balance		23,533
General provision for loan losses		11,251
Recoveries		4,026
Allowance for loan losses before charge offs		38,810
Loans charged off		-10,269
Ending Balance		28,541
Amount allocated to:
Ending balance		28,541
Other Consumer | Legacy
Amount allocated to:
Other loans not individually evaluated		$28,541

LOANS_Details_8

LOANS (Details 8) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2015	Dec. 31, 2014
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology
Ending balance		$967,059,201	$929,581,791
Commercial
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology
Ending balance		111,563,725
Commercial Real Estate
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology
Individually evaluated for impairment without specific reserve (ASC 310-20 at acquisition)		55,501
Individually evaluated for impairment without specific reserve (ASC 310-30 at acquisition)		206,050
Ending balance		628,559,703
Residential Real Estate
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology
Individually evaluated for impairment with specific reserve		18,530
Ending balance		218,127,372
Consumer
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology
Ending balance		8,808,401	9,382,494
Legacy
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology
Individually evaluated for impairment with specific reserve	6,264,634	475,328
Individually evaluated for impairment without specific reserve	2,992,942	2,361,550
Individually evaluated for impairment without specific reserve (ASC 310-20 at acquisition)		1,109,679
Other loans not individually evaluated	632,776,486	792,695,122
Ending balance		795,531,999	749,967,997
Legacy | Commercial
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology
Individually evaluated for impairment with specific reserve	439,694	456,798
Individually evaluated for impairment without specific reserve	752,182	688,327
Other loans not individually evaluated	87,319,319	102,043,532
Legacy | Commercial Real Estate
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology
Individually evaluated for impairment with specific reserve	5,824,940
Individually evaluated for impairment without specific reserve	2,120,282	1,562,664
Other loans not individually evaluated	436,230,697	545,312,779
Legacy | Residential Real Estate
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology
Individually evaluated for impairment without specific reserve	120,478	110,559
Individually evaluated for impairment without specific reserve (ASC 310-30 at acquisition)		1,054,178
Other loans not individually evaluated	99,467,152	136,838,784
Legacy | Consumer
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology
Other loans not individually evaluated	9,759,318	8,500,027
Ending balance		8,500,027	9,068,755
Acquired
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology
Individually evaluated for impairment without specific reserve (ASC 310-20 at acquisition)	602,639
Individually evaluated for impairment with specific reserve (ASC 310-30 at acquisition)	854,679
Individually evaluated for impairment without specific reserve (ASC 310-30 at acquisition)	232,027	1,410,512
Collectively evaluated for impairment without reserve	209,591,297	169,007,010
Ending balance	853,314,704	171,527,202	179,613,794
Acquired | Commercial
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology
Individually evaluated for impairment without specific reserve (ASC 310-20 at acquisition)	86,813
Collectively evaluated for impairment without reserve	10,085,609	8,375,068
Ending balance	539,714,264
Acquired | Commercial Real Estate
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology
Individually evaluated for impairment with specific reserve (ASC 310-30 at acquisition)	372,048
Collectively evaluated for impairment without reserve	95,166,297	81,422,709
Acquired | Residential Real Estate
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology
Individually evaluated for impairment without specific reserve (ASC 310-20 at acquisition)	515,826
Individually evaluated for impairment with specific reserve (ASC 310-30 at acquisition)	482,631
Individually evaluated for impairment without specific reserve (ASC 310-30 at acquisition)	232,027	1,204,462
Collectively evaluated for impairment without reserve	103,563,849	78,900,859
Ending balance	98,683,617
Acquired | Consumer
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology
Collectively evaluated for impairment without reserve	775,542	308,374
Ending balance		308,374	313,739
Acquired | Boats
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology
Ending balance	204,381,963
Acquired | Other Consumer
Recorded investment in loans related to each balance in the allowance for possible loan losses by portfolio segment and disaggregated on the basis of impairment methodology
Ending balance	$10,534,860

OTHER_REAL_ESTATE_OWNED_Detail

OTHER REAL ESTATE OWNED (Details) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
	item
Other real estate owned
Number of components in which the other real estate owned were segmented	2
Transactions in other real estate owned during the period
Beginning balance	$2,451,920
Additional write down of real estate owned	-57,375
Real estate acquired through foreclosure of loans		591,622
Real estate sold	-659,776	-512,878
Net realized gain (loss) on sale of real estate owned	-134,754	203,068
Total end of period	1,600,015
Residential foreclosures classified as other real estate	336,000
Loans secured by residential real estate in process of foreclosure	2,700,000
Legacy
Transactions in other real estate owned during the period
Beginning balance			475,291
Total end of period	475,291		475,291
Acquired
Transactions in other real estate owned during the period
Beginning balance	1,976,629
Additional write down of real estate owned	-57,375
Real estate sold	-659,776
Net realized gain (loss) on sale of real estate owned	-134,754
Total end of period	$1,124,724

EARNINGS_PER_COMMON_SHARE_Deta

EARNINGS PER COMMON SHARE (Details)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
EARNINGS PER COMMON SHARE
Weighted average number of shares	10,807,366	10,780,141
Dilutive average number of shares	10,899,030	10,942,110

STOCK_BASED_COMPENSATION_Detai

STOCK BASED COMPENSATION (Details) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Stock based compensation
Stock-based compensation expense	$91,902	$126,802
Unrecognized compensation cost related to non-vested stock options	$318,629
Period over which unrecognized compensation cost is expected to be realized	2 years 3 months
Shares available for future issuance	425,264
Stock options
Stock based compensation
Options granted (in shares)	50,597	50,759
Options granted (in dollars per share)	$5.09
Restricted stock
Stock based compensation
Restricted stock granted (in shares)	9,331	8,257
Restricted stock granted (in dollars per share)	$14.38
Restricted stock forfeited (in shares)	0	0

FAIR_VALUE_MEASUREMENT_Details

FAIR VALUE MEASUREMENT (Details) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Assets and liabilities measured at fair value
Fair Value Assets transfers amount	$0		$0
Gain (loss) on disposal of assets	19,975	96,993
Available-for-sale	158,380,719		161,680,198
U. S. treasury
Assets and liabilities measured at fair value
Available-for-sale	3,002,700		3,006,150
U.S. government agency
Assets and liabilities measured at fair value
Available-for-sale	38,318,526		37,656,332
Municipal securities
Assets and liabilities measured at fair value
Available-for-sale	42,371,104		43,546,161
FHLMC certificates
Assets and liabilities measured at fair value
Available-for-sale	19,833,350		20,470,947
FNMA certificates
Assets and liabilities measured at fair value
Available-for-sale	17,445,321		17,866,806
GNMA certificates
Assets and liabilities measured at fair value
Available-for-sale	31,722,136		33,139,345
SBA loan pools
Assets and liabilities measured at fair value
Available-for-sale	5,687,582		5,994,457
Quoted Prices in Active Markets for Identical Assets (Level 1)
Assets and liabilities measured at fair value
Available-for-sale	3,003,000		3,006,000
Other Observable Inputs (Level 2)
Assets and liabilities measured at fair value
Available-for-sale	155,378,000		158,674,000
Carrying Value
Assets and liabilities measured at fair value
Available-for-sale	158,381,000		161,680,000
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1)
Assets and liabilities measured at fair value
Available-for-sale			3,006,000
Assets	3,003,000
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | U. S. treasury
Assets and liabilities measured at fair value
Available-for-sale	3,003,000		3,006,000
Recurring basis | Other Observable Inputs (Level 2)
Assets and liabilities measured at fair value
Available-for-sale			158,674,000
Assets	155,378,000
Recurring basis | Other Observable Inputs (Level 2) | U.S. government agency
Assets and liabilities measured at fair value
Available-for-sale	38,319,000		37,656,000
Recurring basis | Other Observable Inputs (Level 2) | Municipal securities
Assets and liabilities measured at fair value
Available-for-sale	42,371,000		43,546,000
Recurring basis | Other Observable Inputs (Level 2) | FHLMC certificates
Assets and liabilities measured at fair value
Available-for-sale	19,833,000		20,471,000
Recurring basis | Other Observable Inputs (Level 2) | FNMA certificates
Assets and liabilities measured at fair value
Available-for-sale	17,445,000		17,867,000
Recurring basis | Other Observable Inputs (Level 2) | GNMA certificates
Assets and liabilities measured at fair value
Available-for-sale	31,722,000		33,139,000
Recurring basis | Other Observable Inputs (Level 2) | SBA loan pools
Assets and liabilities measured at fair value
Available-for-sale	5,688,000		5,995,000
Recurring basis | Carrying Value
Assets and liabilities measured at fair value
Available-for-sale			161,680,000
Assets	158,381,000
Recurring basis | Carrying Value | U. S. treasury
Assets and liabilities measured at fair value
Available-for-sale	3,003,000		3,006,000
Recurring basis | Carrying Value | U.S. government agency
Assets and liabilities measured at fair value
Available-for-sale	38,319,000		37,656,000
Recurring basis | Carrying Value | Municipal securities
Assets and liabilities measured at fair value
Available-for-sale	42,371,000		43,546,000
Recurring basis | Carrying Value | FHLMC certificates
Assets and liabilities measured at fair value
Available-for-sale	19,833,000		20,471,000
Recurring basis | Carrying Value | FNMA certificates
Assets and liabilities measured at fair value
Available-for-sale	17,445,000		17,867,000
Recurring basis | Carrying Value | GNMA certificates
Assets and liabilities measured at fair value
Available-for-sale	31,722,000		33,139,000
Recurring basis | Carrying Value | SBA loan pools
Assets and liabilities measured at fair value
Available-for-sale	$5,688,000		$5,995,000

FAIR_VALUE_MEASUREMENT_Details1

FAIR VALUE MEASUREMENT (Details 2) (USD $)	3 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
	item
Assets and liabilities measured at fair value
Impaired Loans	$5,357,069	$7,283,210
Additional disclosures
Number of components in which the other real estate owned were segmented	2
Legacy
Assets and liabilities measured at fair value
Impaired Loans	2,836,878	5,020,847
Acquired
Assets and liabilities measured at fair value
Impaired Loans	2,520,191	2,262,363
Significant Unobservable Inputs (Level 3) | Minimum
Additional disclosures
Discounts (as a percent)	0.00%
Significant Unobservable Inputs (Level 3) | Maximum
Additional disclosures
Discounts (as a percent)	50.00%
Nonrecurring basis | Significant Unobservable Inputs (Level 3)
Assets and liabilities measured at fair value
Impaired Loans	3,524,000	7,047,000
Other real estate owned	1,600,000	2,452,000
Assets	5,124,000	9,499,000
Nonrecurring basis | Significant Unobservable Inputs (Level 3) | Legacy
Assets and liabilities measured at fair value
Impaired Loans	1,143,000	4,805,000
Other real estate owned	475,000	475,000
Nonrecurring basis | Significant Unobservable Inputs (Level 3) | Acquired
Assets and liabilities measured at fair value
Impaired Loans	2,381,000	2,242,000
Other real estate owned	1,125,000	1,977,000
Nonrecurring basis | Carrying Value
Assets and liabilities measured at fair value
Impaired Loans	3,524,000	7,047,000
Other real estate owned	1,600,000	2,452,000
Assets	5,124,000	9,499,000
Nonrecurring basis | Carrying Value | Legacy
Assets and liabilities measured at fair value
Impaired Loans	1,143,000	4,805,000
Other real estate owned	475,000	475,000
Nonrecurring basis | Carrying Value | Acquired
Assets and liabilities measured at fair value
Impaired Loans	2,381,000	2,242,000
Other real estate owned	$1,125,000	$1,977,000

FAIR_VALUE_MEASUREMENT_Details2

FAIR VALUE MEASUREMENT (Details 3) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Assets:
Loans held-for-sale	$9,007,588	$4,753,995
Investment securities available for sale	158,380,719	161,680,198
Bank Owned Life Insurance	31,643,001	31,429,747
Accrued interest receivable	3,172,615	3,218,428
Liabilities:
Non-interest bearing	269,733,047	260,913,521
Interest bearing	781,718,574	754,825,885
Accrued interest payable	284,444	266,023
Total Estimated Fair Value
Assets:
Cash and cash equivalents	38,767,000	25,405,000
Loans receivable, net	981,184,000	935,397,000
Loans held-for-sale	9,008,000	4,754,000
Investment securities available for sale	158,381,000	161,680,000
Equity securities at cost	3,353,000	5,812,000
Bank Owned Life Insurance	31,643,000	31,430,000
Accrued interest receivable	3,173,000	3,218,000
Liabilities:
Non-interest bearing	269,733,000	260,914,000
Interest bearing	787,204,000	760,503,000
Short term borrowings	71,236,000	61,003,000
Long term borrowings	5,867,000	5,987,000
Accrued interest payable	284,000	266,000
Quoted Prices in Active Markets for Identical Assets (Level 1)
Assets:
Cash and cash equivalents	38,767,000	25,405,000
Investment securities available for sale	3,003,000	3,006,000
Other Observable Inputs (Level 2)
Assets:
Loans held-for-sale	9,008,000	4,754,000
Investment securities available for sale	155,378,000	158,674,000
Equity securities at cost	3,353,000	5,812,000
Bank Owned Life Insurance	31,643,000	31,431,000
Accrued interest receivable	693,000	883,000
Liabilities:
Non-interest bearing	269,733,000	260,914,000
Interest bearing	787,204,000	760,503,000
Short term borrowings	71,236,000	61,003,000
Long term borrowings	5,867,000	5,987,000
Accrued interest payable	284,000	266,000
Significant Unobservable Inputs (Level 3)
Assets:
Loans receivable, net	981,184,000	935,397,000
Accrued interest receivable	2,480,000	2,335,000
Carrying Value
Assets:
Cash and cash equivalents	38,767,000	25,405,000
Loans receivable, net	963,707,000	926,573,000
Loans held-for-sale	8,692,000	4,548,000
Investment securities available for sale	158,381,000	161,680,000
Equity securities at cost	3,353,000	5,812,000
Bank Owned Life Insurance	31,643,000	31,430,000
Accrued interest receivable	3,173,000	3,218,000
Liabilities:
Non-interest bearing	269,733,000	260,914,000
Interest bearing	781,719,000	754,826,000
Short term borrowings	71,236,000	61,003,000
Long term borrowings	5,958,000	5,987,000
Accrued interest payable	$284,000	$266,000